US Dollar

US Dollar

Markets

Anatomy of bitcoin's plunge this week: The dollar's bottom was BTC's top

It seems like ages ago, but bitcoin rose to just shy of $91,000 on Wednesday. Then the U.S. dollar started to strengthen.

Dolar rises, bitcoin falls

Opinion

The GENIUS Act Won't Save the Dollar

U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.

Photo by Vladislav Klapin/Unsplash/Modified by CoinDesk

CoinDesk News

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he told CoinDesk.

Draper University Tim Draper

Markets

Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered

The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.

Standard Chartered logo on the side of a building.

Markets

Dollar Index Falls to Lowest Level in 3 Years, While BTC Remains Steady

China has increased tariffs on U.S. goods to a cumulative 125%, intensifying the trade war.

DXY Index Price (Investing.com)

Markets

Trump Administration Wants Weaker Dollar and That's Positive for Bitcoin: Bitwise

The asset manager said it was sticking to its 2025 year-end bitcoin price target of $200,000.

President Donald Trump sits at his desk in the Oval Office. (Andrew Harnik/Getty Images)

Markets

Bitcoin's Latest Rally Is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields

Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.

(Dynamic Wang/Unsplash)

Opinion

U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation

Europe's regulatory certainty may attract the USD stablecoin market, Jón Egilsson, former chair of the Icelandic Central Bank and co-founder of Monerium, writes.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Finance

Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin

The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.

Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)

Markets

Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko

Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.

(slobo/Getty Images)