币界网报道:Bitcoin demand in Europe is declining as the U.S. dollar's influence wanes, according to recent market analysis. The euro's strengthening against the dollar has reduced European investors' urgency to hedge with Bitcoin, traditionally seen as a dollar alternative. Data shows a notable drop in Bitcoin trading volumes and interest across major European exchanges, coinciding with the euro's rebound. Analysts suggest that as the dollar weakens, European investors feel less pressure to seek crypto as a hedge, leading to subdued demand. Meanwhile, institutional interest in Bitcoin remains steady, though retail participation has dipped. Market watchers note that while short-term demand fluctuates with currency trends, long-term adoption drivers like inflation hedging and decentralized finance continue to underpin Bitcoin's value proposition globally.