The Dollar Index (DXY), which measures the strength of the US dollar against a basket of other currencies, has fallen below the 100 -mark for the first time since April 2022.

In January, research from Coindesk noted that the DXY index is mirroring the pattern seen during President Trump’s first period – and it seems to have done just that. The index has fallen over 10% from its recent height of 110 and is now at its lowest level in three years.

Investor mood continues to change away from US assets and put further downward pressure on the dollar as US -China trades are intensified.

Just before pressing time, China announced an increase in customs duties on US goods and raised the total tax to 125% from 84%, signaling a fixed attitude in the ongoing trade.

Meanwhile, Bitcoin (BTC), which has recently behaved as an asset with low beta compared to shares, remains resilient and continues to trade over $ 81,000.