Bitcoin and Other Crypto Prices Rise. It's All Linked to Dollar Weakness. -- Barrons.com

Dow Jones

Yesterday

By Elsa Ohlen

Bitcoin, XRP and other cryptocurrencies rose early Monday, contrasting with major U.S. indexes, helped by a falling dollar.

Bitcoin is up 3.1% to $87,424 over the last 24 hours, according to CoinDesk data. The price of the world's largest digital coin spiked late Sunday and has remained at levels above $87,000 since.

XRP, the popular altcoin used on Ripple's payment platform, rose 3% to last trade at $2.13 and Ether climbed a similar amount to $1.645.

Meanwhile, the dollar index fell to a three-year low amid comments President Donald Trump made about 'terminating' Federal Reserve chair Jerome Powell.

Cryptocurrencies rallied at the end of 2024 amid hopes that Trump's second presidency would bring change for the crypto landscape and boost prices. Yet, Bitcoin is down about 15% since inauguration day.

Write to Elsa Ohlen at elsa.ohlen@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 21, 2025 05:04 ET (09:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2529282218"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2529282218\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2529282218?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-21 17:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2529282218","market":"hk","top_or_hot":-1,"title":"Bitcoin and Other Crypto Prices Rise. It's All Linked to Dollar Weakness. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Elsa Ohlen \n</p>\n<p>\n  Bitcoin, XRP and other cryptocurrencies rose early Monday, contrasting with major U.S. indexes, helped by a falling dollar. \n</p>\n<p>\n     Bitcoin is up 3.1% to $87,424 over the last 24 hours, according to CoinDesk data. The price of the world's largest digital coin spiked late Sunday and has remained at levels above $87,000 since. \n</p>\n<p>\n     XRP, the popular altcoin used on Ripple's payment platform, rose 3% to last trade at $2.13 and Ether climbed a similar amount to $1.645. \n</p>\n<p>\n     Meanwhile, the dollar index fell to a three-year low amid comments President Donald Trump made about 'terminating' Federal Reserve chair Jerome Powell. \n</p>\n<p>\n     Cryptocurrencies rallied at the end of 2024 amid hopes that Trump's second presidency would bring change for the crypto landscape and boost prices. Yet, Bitcoin is down about 15% since inauguration day. \n</p>\n<p>\n     Write to Elsa Ohlen at elsa.ohlen@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 21, 2025 05:04 ET (09:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin and Other Crypto Prices Rise. It's All Linked to Dollar Weakness. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin and Other Crypto Prices Rise. It's All Linked to Dollar Weakness. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-21 17:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Elsa Ohlen \n</p>\n<p>\n  Bitcoin, XRP and other cryptocurrencies rose early Monday, contrasting with major U.S. indexes, helped by a falling dollar. \n</p>\n<p>\n     Bitcoin is up 3.1% to $87,424 over the last 24 hours, according to CoinDesk data. The price of the world's largest digital coin spiked late Sunday and has remained at levels above $87,000 since. \n</p>\n<p>\n     XRP, the popular altcoin used on Ripple's payment platform, rose 3% to last trade at $2.13 and Ether climbed a similar amount to $1.645. \n</p>\n<p>\n     Meanwhile, the dollar index fell to a three-year low amid comments President Donald Trump made about 'terminating' Federal Reserve chair Jerome Powell. \n</p>\n<p>\n     Cryptocurrencies rallied at the end of 2024 amid hopes that Trump's second presidency would bring change for the crypto landscape and boost prices. Yet, Bitcoin is down about 15% since inauguration day. \n</p>\n<p>\n     Write to Elsa Ohlen at elsa.ohlen@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 21, 2025 05:04 ET (09:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03008","symbol_name":"博时比特币","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529282218","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529282218","pubTimestamp":1745226240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bitcoin, XRP and other cryptocurrencies rose early Monday, contrasting with major U.S. indexes, helped by a falling dollar.Bitcoin is up 3.1% to $87,424 over the last 24 hours, according to CoinDesk data. The price of the world's largest digital coin spiked late Sunday and has remained at levels above $87,000 since.XRP, the popular altcoin used on Ripple's payment platform, rose 3% to last trade at $2.13 and Ether climbed a similar amount to $1.645.Meanwhile, the dollar index fell to a three-year low amid comments President Donald Trump made about 'terminating' Federal Reserve chair Jerome Powell.Cryptocurrencies rallied at the end of 2024 amid hopes that Trump's second presidency would bring change for the crypto landscape and boost prices. Yet, Bitcoin is down about 15% since inauguration day.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","03008":"博时比特币","09439":"嘉实比特币-U","09008":"博时比特币-U","09042":"华夏比特币-U","03439":"嘉实比特币","BK4601":"加密货币现货ETF","BK4594":"比特币ETF概念","03042":"华夏比特币","BK4585":"ETF&股票定投概念","BK1611":"加密货币现货ETF","BK4588":"碎股"},"translate_title":"比特币和其他加密货币价格上涨。这一切都与美元疲软有关。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03042":1,"03439":1,"09008":1,"09042":1,"09439":1,"03008":1,"US12M.BOND":0.64,"US7Y.BOND":0.64,"US2Y.BOND":0.64,"US30Y.BOND":0.64,"US3Y.BOND":0.64,"US5Y.BOND":0.64,"US6M.BOND":0.64,"US10Y.BOND":0.64},"content_text":"By Elsa Ohlen \n\n\n  Bitcoin, XRP and other cryptocurrencies rose early Monday, contrasting with major U.S. indexes, helped by a falling dollar. \n\n\n     Bitcoin is up 3.1% to $87,424 over the last 24 hours, according to CoinDesk data. The price of the world's largest digital coin spiked late Sunday and has remained at levels above $87,000 since. \n\n\n     XRP, the popular altcoin used on Ripple's payment platform, rose 3% to last trade at $2.13 and Ether climbed a similar amount to $1.645. \n\n\n     Meanwhile, the dollar index fell to a three-year low amid comments President Donald Trump made about 'terminating' Federal Reserve chair Jerome Powell. \n\n\n     Cryptocurrencies rallied at the end of 2024 amid hopes that Trump's second presidency would bring change for the crypto landscape and boost prices. Yet, Bitcoin is down about 15% since inauguration day. \n\n\n     Write to Elsa Ohlen at elsa.ohlen@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 21, 2025 05:04 ET (09:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}