币界网报道:Bitcoin surged over 2% as the U.S. dollar index hit a three-year high, reflecting renewed investor interest in cryptocurrencies amid macroeconomic uncertainty. The leading cryptocurrency climbed above $26,500, while Ethereum gained nearly 3% to trade around $1,600. Analysts attribute the rally to a weakening dollar and growing expectations of potential Federal Reserve rate cuts in 2024. The DXY dollar index reached 105.8, its highest level since March 2020, before retreating slightly. Market observers note that Bitcoin's inverse correlation with the dollar has strengthened recently, with institutional investors increasingly viewing crypto as a hedge against currency volatility. The rally comes despite ongoing regulatory concerns, with the SEC delaying decisions on several Bitcoin ETF applications. Trading volumes across major exchanges rose 15% during the price movement, suggesting renewed retail participation. Some technical analysts warn of potential resistance near $27,000, where Bitcoin faced selling pressure in previous weeks.