Over the past four years, the US dollar has faced challenges, including two wars and the Covid-19 pandemic, leading to its weakening.

While efforts are made to bolster it, Bitcoin has independently gained strength, benefiting from the de-dollarization agenda pushed by the BRICS economic block. Bitcoin's rise coincides with the dollar's decline.

Recent data from TradingView shows a slight decrease in the US Dollar Index, while other financial indicators like the S&P 500 and Dow Jones remained relatively stable or showed gains.

Market analysts attribute the dollar's weakness to increased jobless claims, signaling a potential weakening of the US job market. This sentiment is reinforced by disappointing job reports.

Meanwhile, the cryptocurrency market, led by Bitcoin, has seen a positive trend, with the GM 30 Index and Bitcoin's value experiencing increases.

The influence of the US dollar is diminishing as countries like China and Russia advocate for reduced reliance on it, promoting the use of local currencies and strengthening ties within the BRICS alliance. This shift marks the beginning of a long-term trend away from dollar dominance.