Weaker dollar fails to spur bitcoin gains, but there's a reason for that

Despite the fact that the dollar is currently experiencing weakness and typically this would create an environment conducive for cryptocurrencies like Bitcoin to thrive, we are observing that the expected gains in Bitcoin have not materialized. However, there are underlying factors and specific reasons that may explain this lack of upward momentum in the cryptocurrency market. source: https://www.coindesk.com/markets/2026/01/29/weaker-dollar-fails-to-spur-bitcoin-gains-but-there-s-a-reason-for-that-jpmorgan-says