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US Dollar and Stocks Fall as Trump Turns Up Heat on Fed – Bitcoin Stays Strong

  • Writer: Sammy Salmela
    Sammy Salmela
  • Apr 22
  • 2 min read

US dollar index dropping while Bitcoin gains strength – April 2025

Date: 2025-04-22

Source: Cointelegraph


Introduction

Markets are rattled. As US President Donald Trump sharpens his attacks on the Federal Reserve, both the stock market and the US dollar are taking hits. Meanwhile, cryptocurrency especially Bitcoin is standing strong in the storm.

This is more than a shift in numbers. It’s a signal of changing trust. Investors are watching closely as Trump ramps up his push for interest rate cuts, calling out Fed Chair Jerome Powell and blaming high rates for the stock market’s sharp decline.


Market Chaos as Trump Targets the Fed

April 21 ended on a sour note for Wall Street. The S&P 500 dropped 2.4%, the Nasdaq slipped 2.5%, and the Dow Jones fell by nearly 1,000 points. Since the beginning of 2025, the Nasdaq alone has lost nearly 18%, reflecting a tech sector exodus.

At the heart of the storm is Trump’s renewed pressure on Jerome Powell. On his Truth Social platform, the President declared there is “virtually no inflation” and demanded preemptive interest rate cuts. He even repeated calls to fire Powell, labelling him “Mr. Too Late.”

But the Fed isn’t rushing. With inflation data still mixed, markets expect no rate changes at the May 7 meeting only a 13% chance of cuts according to the CME Fed Watch tool.


Dollar Dips, Bitcoin Booms

The US Dollar Index (DXY) fell to a three-year low below 98, a drop of more than 10% this year. Analysts say global debt dynamics are pressuring the dollar. “Everyone needs and wants a weaker dollar to service their dollar debts,” said Raoul Pal of Real Vision.

Amid the turmoil, crypto markets are holding their ground. Total capitalisation remains at $2.83 trillion, and Bitcoin reached a four-week high at $88,500. Analysts at Bitfinex call Bitcoin’s resilience “impressive” as traditional markets falter.


AI-Powered Sentiment Analysis

Our AI analysis of this article revealed:


  • Sentiment Score: 0.03 (Neutral)

  • Financial Sentiment: 2.83 (Strong financial impact)

  • Polarity Score: 0.116 (Mildly positive tone)

  • Subjectivity Score: 0.383 (Balanced between facts and opinion)


Interpretation:The overall sentiment remains cautious due to market uncertainty, but with a strong financial tilt caused by major movements in the dollar, stocks, and Bitcoin. The tone shows a mixture of concern and opportunity, especially for those in crypto. The subjectivity indicates the article balances emotional cues with factual reporting.


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Try our free sentiment analysis tool at: www.scorednews.com


Disclaimer

This article was generated using AI and reviewed for accuracy. The information presented is for educational purposes only and should not be construed as financial advice. Always consult with a professional before making investment decisions.





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