CoinVoice has recently learned that CoinDesk analyst James Van Straten stated that the ongoing strength of the dollar may put pressure on Bitcoin in the coming months due to Trump's policies and the Federal Reserve's anticipated interest rate stance.

Dragosch stated, "Trump has indicated that he will impose tariffs on major trading partners, which could exacerbate global geopolitical uncertainty and further drive demand for the dollar, as it is viewed as a safe haven during turbulent times. Additionally, the Federal Reserve has communicated to the market that they will only make two interest rate cuts in 2025—far below previous expectations. As a result, the dollar is appreciating, and yields are continuously rising. I believe this is also one of the factors currently putting pressure on Bitcoin. The macroeconomic environment is now a headwind." [Original Link]