Bitcoin to $200K? Trump's Dollar Devaluation Plan Could Ignite Crypto's Reserve Currency Takeover News ETHNews
Isai Alexei
April 9, 2025
Market uncertainty dominates as investors parse the implications of proposed U.S. tariffs under the Trump administration. ETHNews analysts debate whether these measures are tactical negotiations or long-term policy shifts. Amid the noise, one clear takeaway emerges: the administration seeks a weaker U.S. dollar, even if it risks diminishing its global reserve currency status.
Steve Miran, chair of the White House Council of Economic Advisers, outlined this stance in a recent speech. He argued that the dollar’s reserve role has distorted currency markets, widened trade deficits, and harmed U.S. manufacturing. “Demand for dollars has kept currency markets distorted,” Miran stated, emphasizing that a softer dollar could revive competitiveness.
A weaker dollar makes U.S. exports cheaper abroad but risks inflation and reduced purchasing power domestically. It also challenges the dollar’s dominance in global trade—a system in place since World War II.
In the near term, a declining dollar could boost Bitcoin
Over the past five years, Bitcoin has shown a negative correlation (-0.4 to -0.8) with the U.S. Dollar Index (DXY). When the dollar weakens, Bitcoin often rises. This pattern may hold if tariff-driven dollar softness persists.
Longer-term, a fractured global currency system could elevate Bitcoin’s role. Historically, the dollar’s stability made it the default for international trade. If confidence erodes, entities may seek alternatives like gold or Bitcoin. The latter’s fixed supply and decentralized nature position it as a potential hedge against currency volatility.
Bitcoin’s Unique Value Proposition
Unlike gold, Bitcoin is portable, divisible, and digitally native—traits suited for a globalized economy. Its scarcity (capped at 21 million coins) contrasts with fiat currencies, which governments can print indefinitely. As Miran’s speech hints at systemic recalibration, Bitcoin’s appeal as a non-sovereign asset grows.
Bitwise, forecasts Bitcoin reaching $200,000 by year-end. While speculative, this aligns with scenarios where macroeconomic shifts drive demand for hard assets.
In times of flux, assets divorced from political agendas gain relevance. Bitcoin, built for an era of digital interdependence, may prove its resilience as old systems adapt—or falter.

As of the most recent update, Bitcoin (BTC) is trading at approximately $82,971, showing a strong daily surge of over 8.8%. This significant price movement follows a rebound from a previous dip below the $75,000 level, demonstrating renewed bullish momentum.
Despite recent short-term corrections, the broader trend remains resilient with a 37.52% increase over the past six months, although it’s still down 11.2% year-to-date. Key resistance levels have shifted, and BTC has broken through previous ceilings, signaling potential for continued upward movement if the momentum sustains.
Technical indicators show a neutral overall stance, with oscillators and moving averages mixed—some pointing toward buy signals and others reflecting cautious consolidation. Analysts have noted the potential for further gains, especially considering institutional accumulation, whale activity, and long-term holder confidence.
With realized capitalization soaring from $20 billion in 2023 to $160 billion in 2025, Bitcoin appears fundamentally strong. However, some voices in the market warn of a possible retracement to the $70K–$75K area, or even lower to $60K, before a stronger long-term rally materializes.
Comments
You need to be logged in to comment
No comments yet. Be the first to comment!
Need a website?
Then contact us for professional web development services.
Table of Contents
Share this article
More from the blog

‘The Bear,’ ‘Squid Game’ and more summer 2025 TV shows to watch
A chaotic kitchen. The biggest of hats. A return to the Marvel Cinematic Universe. Murderous aliens. Summer is nigh, and with it comes the summer TV season. This year’s offerings include a smorgasbord ...

Napoli hold edge in Serie A's grand finale
Napoli may be stumbling towards the finish line following back-to-back draws, but they remain in pole position ahead of Inter Milan going into their final Serie A matches on Friday. With 90 minutes lef...

Guardiola explains Man City absences in FA Cup final defeat
Pep Guardiola admits it was very difficult to leave James McAtee and Rico Lewis out of his FA Cup final squad in the defeat to Crystal Palace. Lewis and McAtee have been regulars in Guardiola’s squads...