Will Bitcoin Surge with Gold Amid Dollar's Decline?

As the US dollar hits a four-year low, Bitcoin aims for $90,000. Can it thrive like gold, or will it face a risk-off environment?

The US dollar has recently fallen to its lowest point in four years, while both gold and silver continue to soar to unprecedented heights. Amid this financial backdrop, Bitcoin is striving to reclaim the significant milestone of $90,000.

In the past 24 hours, the dollar index, which measures the value of the dollar against other major currencies, dropped to 95.566. This figure marks a notable decline and is the weakest it has been since February 2022. This downturn follows recent commentary from President Donald Trump, who downplayed various concerns regarding the dollar's strength.