币界网报道：The U.S. Dollar Index (DXY) has declined by 10.1% over the past year, reaching its lowest level since early 2023, according to recent market data. This weakening dollar is increasing the appeal of alternative assets like cryptocurrencies, as investors seek hedges against inflation and currency depreciation. Bitcoin and Ethereum have seen notable price surges during this period, with BTC gaining over 150% and ETH rising nearly 100% year-to-date. Analysts suggest the dollar's drop, driven by shifting Fed rate expectations and global economic uncertainties, could further fuel crypto adoption as a store of value. Major institutional players are reportedly increasing crypto allocations, with some hedge funds moving up to 20% of portfolios into digital assets. The inverse correlation between DXY and crypto markets has strengthened in 2023, with Bitcoin's 30-day correlation coefficient to DXY at -0.7 recently. Market observers note this trend may continue if dollar weakness persists amid potential Fed rate cuts later this year.