NewsBTC
Oct 10, 2025
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Bitcoin Price Affected by US Dollar Index Rebound Says Analyst

1 min

Bitcoin's recent decline is attributed to the strengthening US Dollar Index (DXY), impacting global liquidity and risk assets, according to Jamie Coutts of Real Vision.

Main Points

  • The dollar's rebound tightens global liquidity, affecting Bitcoin (BTC).
  • DXY is testing the 100–101 resistance zone after a significant drop in early 2025.
  • Speculative positioning turned against the dollar, indicating potential for a counter-trend bounce.
  • A firmer dollar reduces global liquidity, negatively impacting risk assets like cryptocurrencies.
  • If DXY resumes its decline, liquidity conditions could improve, benefiting high-beta assets.
  • Coutts suggests BTC's current dip is a result of FX mean reversion, not fundamental crypto issues.

Current Situation

  • Bitcoin is trading at $121,703.
  • The key pivot point is DXY's movement around the 100–101 level.

Bitcoin price