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

Dow Jones

04/21

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.

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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. 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It's All Linked to Dollar Weakness. -- Barrons.com\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 smaller\">2025-04-21 17:04</p>\n</div>\n</div>\n</h4>\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</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","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","BK4588":"碎股","BK4585":"ETF&股票定投概念","03439":"嘉实比特币","09439":"嘉实比特币-U","BK4594":"比特币ETF概念","BK1611":"加密货币现货ETF","09042":"华夏比特币-U","03008":"博时比特币","BK4601":"加密货币现货ETF","03042":"华夏比特币ETF","09008":"博时比特币-U"},"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,"09042":1,"03008":1,"03439":1,"US7Y.BOND":0.64,"US2Y.BOND":0.64,"09439":1,"US12M.BOND":0.64,"US5Y.BOND":0.64,"US30Y.BOND":0.64,"US6M.BOND":0.64,"US10Y.BOND":0.64,"09008":1,"US3Y.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,"need_auth":true,"code":"91000000","status":"200"}}}