Dollar Index Hits Four-Month Low, Will Bitcoin Rally Next?

The U.S.

The U.S. dollar is weakening again, and investors are watching closely. As the Dollar Index drops to a 4-month low, fears of possible yen intervention are growing. 

Even Japanese officials have also said they are ready to step in if currency moves become unusual. They confirmed they are in talks with U.S. authorities, which has increased talk of possible joint action.

Arthur Hayes Sees Big Bitcoin Upside

Bitmex co-founder Arthur Hayes remains strongly bullish if liquidity returns. He believes that if central banks resume balance sheet expansion, Bitcoin could climb to $200,000 by March 2026. 

In a more aggressive view, he has suggested $500,000 is possible if global money flows surge.

Despite the growing speculation, Bitcoin is currently trading near $87,615, down 1% over the last 24 hours.

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