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

cryptoweekly by cryptoweekly
June 26, 2025
in bitcoin, News
0

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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Recent Posts
  • Hacker reconnaissance work continues on TeleMessage app vulnerability — Report
  • Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
  • GENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
  • The rise of ETFs challenges Bitcoin’s self-custody roots
  • Russia considers allowing cryptocurrency payments on two islands
  • Crypto Biz: Wall Street giants bet on stablecoins
  • Bitcoin’s lower support retests shift traders’ focus to XLM, LTC, ETC, BNB

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