Bitcoin disintegrates 90,000 dollars for the first time in 45 days

Bitcoin rose to 90,000 dollars today, so I chose this price level for the first time in 45 days.

source: Coinmarketcap

The leading cryptocurrency organized a great return after it decreased from its highest level ever by 109,114.88 dollars registered on January 20, 2025, when President Trump was opened.

The march comes at a time when the US dollar index (DXY) decreased to 98.29 on Monday, which is its lowest point in three years.

source: Marketwatch

The dollar is largely weak from the intense conflict between President Trump and the President of the Federal Reserve, Jerome Powell. Trump has publicly criticized Powell’s monetary decisions to Powell, claiming that the Federal Reserve Chairman is “very late and wrong”, indicating that “his termination cannot come at a speed enough.”

Powell defended the independence of the central bank, while emphasizing that the decisions depend only on economic data rather than political pressure. Experts Note The Federal Reserve Law only allows the removal of the chair “for reason”, and is traditionally interpreted as misconduct rather than politics.

The current movement of Bitcoin shows a potential disintegration of technology stocks. While the main indicators like the S&P 500 have decreased recently, Bitcoin has risen up against this direction.

In a development that could affect the cryptocurrency markets, Paul Atines was sworn in yesterday as Chairman of the 34 Securities and Stock Exchange (SEC), after the Senate confirmed earlier this month.

“I am honored by the confidence and confidence that President Trump and the Senate set up,” He said Atkins, who previously worked as the Securities and Stock Exchange Commissioner from 2002 to 2008.

ATKINS is widely expected to implement more policies for encryption more than his predecessor. His appointment coincides with SEC’s dismissal for many encryption procedures that started under the previous administration.

The new SEC leadership faces decisions on more than 70 requests for traded boxes on the stock exchange this year, according to Bloomberg. These ranged from the encrypted currencies such as XRP and Litecoin to the latest offers.