Analyst: Continued strength of the US dollar may put pressure on Bitcoin in the coming months

BlockBeats News: On January 2nd, CoinDesk analyst James Van Straten posted that the continued strength of the US dollar may put pressure on Bitcoin in the coming months due to Trump's policies and the Federal Reserve's expected interest rate stance. Dragosch said, "Trump has announced that he will impose tariffs on major trading partners, which could exacerbate global geopolitical uncertainty and further drive demand for the US dollar, as it is seen as a safe haven during turbulent times. In addition, the Federal Reserve has conveyed to the market that they will only cut interest rates twice in 2025- far below previous expectations. As a result, the US dollar is appreciating and yields continue to rise. I believe this is also one of the factors currently putting pressure on Bitcoin. The macroeconomy is now a headwind