BitUnix analyst: Trump pressures Powell to hit dollar hard, DXY hits three-year low, BTC challenges $88000 pressure level to welcome capital return

BlockBeats News: On April 22nd, due to Trump's criticism of Federal Reserve Chairman Powell as a "major loser" on Truth Social and his demand for immediate interest rate cuts or even consideration of dismissal, the market was concerned about the damage to the Fed's independence, and the US dollar index (DXY) quickly fell below 98, hitting a new low in nearly three years. Amid high risk aversion, spot gold surged by over $100 to $3481.34 per ounce, reaching a historic high; Mainstream cryptocurrencies receive capital inflows. BitUnix analysts suggest that if political pressure from the United States continues, it could shake the legal framework of the Federal Reserve and prompt global funds to accelerate their search for safe havens. The short-term key pressure level for Bitcoin is at $88000, and if it can break through and stabilize, it will open up further upward space. In the medium to long term, it is necessary to maintain a stable support of $70000 and pay attention to CME interest rate expectations and trade trends to assess future market trends.