Wall Street buys over $1B in Bitcoin amid dollar’s ‘do or die’ moment


Wall Street buys over B in Bitcoin amid dollar’s ‘do or die’ moment


Trump’s early Fed replacement plans rattled markets, accelerating dollar losses and sending DXY to its lowest level since April 2022.

Key takeaways:

Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar.

Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022.

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