On April 17, 2025, the U.S. dollar fell by 2.3% against major currencies, reaching its lowest level since March 2023, as reported by the U.S. Dollar Index (DXY).

Crypto Rover noted that the dollar's weakness reflects economic policies reminiscent of Trump's presidency, which has contributed to a more bullish sentiment for Bitcoin.

In response to the dollar's decline, Bitcoin's price surged to $67,450, marking a 4.5% increase from the previous day's close.

Throughout the day, Bitcoin's price fluctuated between $66,000 and $68,000, indicating heightened volatility in the market.

Bitcoin also appreciated against other fiat currencies, gaining 3.8% against the Euro and 4.1% against the British Pound.

Active addresses for Bitcoin reached 1.2 million, the highest level since February 2025, reflecting robust network activity.

This decline in the dollar is attributed to rising inflation fears and geopolitical tensions, prompting investors to seek refuge in assets like Bitcoin.

While no major AI-related developments were reported on this day, AI-driven trading algorithms continue to gain traction in cryptocurrency trading.

Market sentiment shifted from 'Neutral' to 'Greed', as indicated by the Crypto Fear & Greed Index, showcasing increasing optimism in the cryptocurrency market.

Trading volumes for Bitcoin against the USD surged by 30% within 24 hours, hitting $25 billion on major exchanges such as Binance and Coinbase.

Technical indicators showed bullish trends for Bitcoin, with the Relative Strength Index (RSI) rising to 72, suggesting strong momentum, and the Moving Average Convergence Divergence (MACD) indicating a bullish crossover.

The day also saw over 1,000 Bitcoin transactions exceeding $1 million, highlighting significant institutional interest amid the dollar's decline.