BTC has risen by 3.27% in the past 24 hours and, at the time of writing, ranks among the top-performing assets of the day.
U.S. President Donald Trump's plans to remove Federal Reserve Chair Jerome Powell and his calls for lower interest rates have pushed the U.S. Dollar Index to a three-year low of 98.5. The weakening dollar may have driven investors toward risk assets, potentially fueling sharp increases in both Bitcoin and gold prices.
