DXY fell 9.4% in 2025, its worst performance in eight years. Historically, setups like this have favored Bitcoin [BTC]. He has argued that a softer dollar boosts exports, keeps rates low, and supports GDP, making it a potential tailwind for the economy. Even with President Trump backing a softer dollar, analysts remain wary on the long-term outlook. In this environment, Bitcoin failing to follow its historical rallies against the dollar isn’t surprising.