Today, Bitcoin price jumped above $89,000 as the U.S. dollar fell to its lowest level in about four years. The rise came after President Donald Trump said he’s “not concerned” about the dollar’s weakness.
His comments helped push both Bitcoin and gold higher, as people looked for alternatives to the falling dollar. The U.S. Dollar Index dropped to 95.80 after sliding steadily over the past week.
Bitcoin recovered above $89,000 after dipping below $88,000 earlier, rising 2.2% to $89,300 as the dollar extended its losses. Ethereum also climbed, surpassing $3,000 for a 3.9% increase.
Many continue to see Bitcoin as a hedge against a weakening dollar, with fiscal deficits rising and loose monetary policy supporting demand. While still below recent highs, the price action shows buyers are stepping in on macro-driven dips.
Over the past 24 hours, gold climbed to a new record of $5,215 per ounce, up 1.8% on the day, after briefly pausing following its rally above $5,000. The weaker dollar fueled the surge, highlighting gold’s role as a key hedge against currency debasement.
The rise in both Bitcoin and gold shows how markets are closely watching the dollar, interest rates, and fiscal policy. With the Fed likely to keep rates steady and political pressure for easier policy growing, merchants are eyeing whether hard assets can keep climbing.
Bitcoin’s hold of the $88,000–$90,000 range keeps the bullish case alive, especially if the dollar stays weak and momentum improves.
Away from Bitcoin and gold, Minotaurus (MTAUR) has been quietly tracking its breakout path, showing price behavior more reminiscent of gold and silver than large-cap crypto consolidation. The token is currently priced near 0.00012648 USDT, already up roughly 3X from earlier levels around 0.00004 USDT.
With a starting market cap of about 5.6 million, MTAUR remains in early-stage territory where relatively small inflows can drive outsized moves. The project has attracted over 3 million USDT in deposits, signaling interest ahead of planned exchange listings and announced adoption partnerships.
Now, merchants see MTAUR as a high-beta complement to Bitcoin and gold, offering early-cycle exposure that larger assets can no longer provide.
Don’t miss the chance to position yourself in Minotaurus before it hits major exchanges. Visit the official Minotaurus website to see pre-launch details and secure your tokens today — even a small acquisition could capture outsized growth as the project ramps up.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.