io.net USD Price & Performance (IOUSD)

Bitcoin's price has recently been oscillating around $87,000, with $77,000 emerging as a pivotal support level. Analysts suggest that holding this level could lead to a rally towards $94,000. However, geopolitical influences, including U.S. crypto policies, could push Bitcoin's price to as high as $120,000 by year-end.1

The U.S. dollar reached multi-week highs against the yen and euro, supported by improved business activity and tariff optimism. March's PMI data showed an uptick in the services sector, boosting sentiment. However, concerns linger over reciprocal tariffs set for April, which could spark economic turbulence globally.2

The Indian rupee surged to 85.50 against the U.S. dollar, recovering all 2025 losses. This rally, driven by foreign capital inflows and exporter dollar sales, marks a 2.1% appreciation in March. Analysts predict limited further gains due to potential U.S. tariffs, which could weigh on India's trade outlook.34