List of Flash News about Dollar low
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2025-06-12 16:30 |
Dollar Hits 38-Month Low as Inflation Drops: Crypto Market Impact with ETH and Altcoins Outperforming
According to Michaël van de Poppe (@CryptoMichNL), the US Dollar has reached its lowest level in 38 months, coinciding with a decline in inflation rates. This environment increases pressure on the Federal Reserve as lower yields could further boost economic activity. Notably, this macroeconomic shift is supporting strong performance in the cryptocurrency market, with Ethereum (ETH) and major altcoins outperforming traditional assets. Traders are witnessing increased capital flows into ETH and altcoins, driven by expectations of continued dollar weakness and reduced inflation, which historically correlate with bullish momentum in crypto markets. (Source: @CryptoMichNL on Twitter, June 12, 2025) |