{"id":50017,"date":"2025-03-06T08:46:44","date_gmt":"2025-03-06T08:46:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50017"},"modified":"2025-03-06T08:46:44","modified_gmt":"2025-03-06T08:46:44","slug":"raoul-pal-weakening-us-dollar-could-fuel-crypto-surge-in-q2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50017","title":{"rendered":"Raoul Pal: Weakening US Dollar Could Fuel Crypto Surge In Q2"},"content":{"rendered":"

A declining <\/span>US<\/span>\u00a0dollar could trigger a strong crypto market rally in the second quarter of the year<\/span>, according to Real Vision CEO Raoul Pal<\/span>.<\/span> His comments follow <\/span>Bitcoin\u2019s<\/span> 4% surge over the past 24 hours as the greenback continues to slide.<\/span><\/p>\n

\u201cW<\/span>ith the dollar, rates, and oil headed lower (all specific aims of [Treasury Secretary Scott] Bessent), financial conditions are now easing fast and lead risk assets by a couple of months,<\/span>\u201d <\/span>Pal <\/span>wrote in a 5 <\/span>March 2025<\/span> post on X<\/span><\/a>.<\/span><\/p>\n

His remarks came a day after <\/span>US<\/span>\u00a0Treasury Secretary Scott Bessent outlined his vision for lowering interest rates, <\/span>a move that<\/span> could further weaken the dollar.<\/span><\/p>\n

Pal believes these conditions could set the stage for a strong Q2 for tech and crypto markets, with a potential positive carryover into the second half of 2025 if trends persist.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n

Bitcoin\u2019s<\/span> Historic Q2 Performance<\/span><\/h2>\n

Historically, Bitcoin has performed well in the second quarter, averaging returns of 26.89% since 2013, according to CoinGlass data. <\/span><\/p>\n

Pal emphasized that among the three major macroeconomic factors\u2014interest rates, oil prices, and the <\/span>U.S.<\/span> dollar<\/span>\u2014the <\/span>dollar\u2019s<\/span> trajectory is the most critical for the crypto market<\/span>.<\/span><\/p>\n

A weaker <\/span>U.S.<\/span> Dollar Index (DXY) typically pushes investors toward alternative assets like Bitcoin, gold, and equities. Since <\/span>Feb. 5<\/span>, the DXY has fallen 2.79%, dropping to 104.258, according to TradingView. <\/span><\/p>\n

During the same period,<\/span> Bitcoin has surged nearly 6%, reaching $91,860, as per CoinMarketCap data.<\/span><\/p>\n

Crypto trading analysis platform Bitcoinsensus reinforced this sentiment in a <\/span>March 5<\/span> X post<\/span>, stating<\/span>:<\/span> \u201c<\/span>Historically, a bearish DXY means one thing: bullish Bitcoin long term if the drop continues in the coming weeks<\/span>.\u201d<\/span><\/p>\n

The Dollar Index is collapsing for the last 24h, losing a major support level, value area high of the last 3 years, historically a bearish $DXY<\/a> means one thing, bullish #Bitcoin<\/a> long term if drop continues the next coming weeks pic.twitter.com\/eowS7sPfhL<\/a><\/p>\n

\u2014 Bitcoinsensus (@Bitcoinsensus) March 5, 2025<\/a><\/p>\n\n

This pattern has played out before. During the COVID-19 pandemic, government stimulus and rate cuts led to a weaker dollar, driving Bitcoin from $5,000 in March 2020 to over $60,000 by April 2021.<\/span><\/p>\n

Conversely, when Donald Trump was elected president in November 2024, the <\/span>U.S.<\/span> dollar surged to yearly highs, prompting analysts to warn that dollar strength is a headwind for Bitcoin. <\/span><\/p>\n

At the time,<\/span> Real Vision chief crypto analyst Jamie Coutts stated,<\/span> \u201c<\/span>The macro backdrop has soured.<\/span> Dollar strength is not good for Bitcoin<\/span>.\u201d<\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n

Bitcoin Faces Resistance At $94K After Failed Breakout<\/span><\/h2>\n

Bitcoin may be in for a <\/span>tougher<\/span> climb toward $94,000<\/span><\/a> following a recent unsuccessful push to reclaim that price level, according to analysts at Bitfinex.<\/span><\/p>\n

In a recent report, the <\/span>exchange\u2019s<\/span> researchers noted that<\/span> \u201c<\/span>any recovery<\/span>\u201d <\/span>toward $94,000 could confront<\/span> \u201c<\/span>significant resistance.<\/span>\u201d <\/span>The warning comes after Bitcoin fell below the $94,000 threshold on <\/span>2 March<\/span> 2025.\u00a0 Since then, BTC has yet to mount a convincing rebound.<\/span><\/p>\n

The next Federal Reserve decision on interest rates, set for <\/span>March 19<\/span>, is also expected to play a major role in shaping sentiment.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n

\n

Key Takeaways<\/h3>\n

Raoul Pal predicts a weaker <\/span>U.S.<\/span> dollar could drive a strong crypto rally in Q2.<\/span> <\/p>\n

Bitcoin has historically performed well in the second quarter, averaging 26.89% returns since 2013.<\/span> <\/p>\n

Analysts warn that Bitcoin faces resistance at $94K, with the upcoming Fed decision impacting market sentiment.<\/span> <\/p><\/div>\n

The post Raoul Pal: Weakening US Dollar Could Fuel Crypto Surge In Q2<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A declining US\u00a0dollar could trigger a strong crypto market rally in the second quarter of the year, according to Real Vision CEO Raoul Pal. His comments follow Bitcoin\u2019s 4% surge over the past 24 hours as the greenback continues to slide. \u201cWith the dollar, rates, and oil headed lower (all specific aims of [Treasury Secretary […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50017","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50017"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50017"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50017\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}