The US Dollar Index (DXY) fell below 105, its lowest since mid-November, mirroring its path during Trump's first term.

This coincided with Bitcoin exceeding $88,000. The DXY, peaking at 110 in mid-January, retraced after reaching 110 in January 2025 following Trump's re-election. A drop to 103 would erase post-election gains.

Historically, a DXY above 100 pressures risk assets; however, this recent decline fueled Bitcoin's rise, echoing the 2017 bull run. Despite this, macroeconomic uncertainty, including inflation and slowing GDP growth, persists. A weak jobs report could further lower treasury yields, potentially leading to a Fed rate cut in March.