Bitcoin edged higher on Tuesday as the U.S. dollar fell to its lowest level in years following comments from President Donald Trump, who said the currency is “doing great” and that he is not worried about its recent decline. He added that the dollar is simply “seeking its own level,” while accusing countries like China and Japan of historically wanting weaker currencies. Trump also noted that the dollar can move “up or down like a yo-yo.”

Amid the renewed volatility in major currency markets, the U.S. Dollar Index (DXY) slid to 95.80, its weakest level in roughly four years. The softer dollar helped lift risk assets and commodities: Bitcoin climbed from below $88,000 to around $89,300, up 2.2% in 24 hours, while Ethereum rose 3.9% to reclaim the $3,000 level. Gold also resumed its rally, hitting a fresh record of $5,215 per ounce.
Although crypto’s short-term outlook remains uncertain, technical analysts see signs of a potential reversal. Research service Bitcoin Vector highlighted a notable bullish divergence between Bitcoin’s price and its RSI momentum indicator — a setup that has historically preceded gains of around 10%. The firm said this could mark the early stage of a broader bullish reversal, with a move back toward $95,000 appearing increasingly likely.#ContentMiningRevampPublicBeta