Weakness in US dollar indicates the direction of Butcoin and Altcoins | Flash news details

On April 11, 2025, a prominent event on the market was reported by Crypto Rover on Twitter, indicating that the US dollar index (DXY) was suffering from a collapse, as it reached 92.15 at 14:00 UAE time, a decrease from 93.20 at 12:00 World time, on the occasion of a significant decrease of 1.13 % within two hours (Source: Crypto Rovercrc, 2025. This event has immediate effects on the encrypted currency market, especially for bitcoin (BTC) and Altcoins, where the weakest dollar usually increases the demand for assets that are seen as hedges against inflation or the value of the currency. 67,900 dollars at 14:00 UTC, with a rapid increase of 0.81 % (Source: Coinmarketcap, April 11, 2025). CoinmarketCAP, April 11, 2025). The trading volume of BTC/USD increased in the main stock exchanges such as Binance by 15 % from 14:00 UTC to 14:15 UTC, as it reached 2.3 million BTC in circulation (Source: Binance, April 11, 2025). This increase in trading volume indicates an increase in market interest and liquidity after the dollar decreases.

The effects of a large DXY collapse. The opposite relationship between the dollar and the encrypted currencies was clear, as the weak dollar motivated the upward trend in the encryption market. The Bitcoin against the euro (BTC/EUR) has witnessed a similar increase, as the price increased from 61,500 euros at 14:00 UTC to 61,900 euros at 14:15 UTC, an increase of 0.65 % (Source: Coinmarketcap, 11 April 2025). This indicates that the upcoming feelings were not limited to pairs provided by the US dollar. The scales on the series confirmed this upward trend, with an increase in the number of active bitcoin addresses by 10 % from 14:00 UTC to 14:30 UTC, with a total of 1.2 million titles (Source: Glassnode, April 11, 2025). This indicates an increase in network activity and the investor participation. The market value of the entire encrypted currency market increased by 1.2 % of $ 2.5 trillion at 14:00 UAE time to $ 2.53 trillion at 14:15 UTC (Source: CoinMarketcap, April 11, 2025), which reflects the positive impact on the widespread rate of the dollar.

Technical indicators presented more ideas about the market’s reaction to the DXY collapse. Bitcoin RSI, which measures the speed and change of price movements, rose from 68 at 14:00 UTC to 72 at 14:15 UTC (Source: Tradingv, April 11, 2025), indicating an increase in momentum and potential conditions in the region. The MacD MacD of Bitcoin showed a bullish intersection at 14:10 UTC, with the MACD line crossing the top of the signal line, indicating the promotion of the upward trend (Source: TradingView, April 11, 2025). The trading volumes of ETHEREUM (ETH/USD) also rose, increasing by 12 % from 14:00 UTC to 14:15 UTC, as it reached 1.8 million ETH trading (Source: Binance, April 11, 2025). These nails across the main cryptocurrencies confirm the market response to the dollar. In addition, Bollengerer domains widely expanded from 14:00 UTC to 14:15 UTC, indicating an increase in volatility and the possibility of continuous price movements (Source: TradingView, April 11, 2025).

In the context of developments in artificial intelligence, the launch of a new AI’s AI’s trading platform announced on April 10, 2025, indirect effects on the encrypted currency market (Source: AIQUANT, April 10, 2025). This platform, designed to enhance the efficiency of trading and accuracy through artificial intelligence algorithms, can increase trading sizes and liquidity in the symbols associated with the prosecution such as Singularitynet (AGIX) and Fetch.AI (Fet). After this announcement, AGIX witnessed an increase of 2.5 % in the price from $ 0.50 at 14:00 UTC to $ 0.513 at 14:15 World time on April 11, 2025 (Source: CoinmarketCAP, April 11, 2025), while FET witnessed a rise of 1.8 % from $ 0.75 to $ 0.763 over the same period (Source: Coinmarketcap, 11 April, 2025). The relationship between the developments of artificial intelligence and the morale of the encryption market is clear, as the increasing interest in artificial intelligence technologies can drive investment in cryptocurrencies related to artificial intelligence. Moreover, AGIX/USD trading volume on Binance increased by 8 % from 14:00 UTC to 14:15 UTC, reaching 500,000 AGIX trading (Source: Binance, April 11, 2025), which reflects the growing market activity in response to artificial intelligence news. This indicates that merchants should monitor the symbols associated with a closeness, as they may provide additional trading opportunities in the current market environment.