Bitcoin overcame the milestone of $90 thousand

Over the past day, the cost of bitcoin has increased by more than 3%, exceeding the $90,000 mark for the first time since the beginning of March and stabilizing at $90,434, according to trading data. 

The capitalization of the cryptocurrency market is $2.845 trillion, having decreased by $4 billion. Bitcoin occupies 61.6% of the market, while the share of Ethereum is 6.7%. The fear and greed index rose to 47, which corresponds to a neutral value, having increased from 39.

The sharp drop in the US dollar index has led to a redistribution of capital towards alternative assets. Criticism of Fed Chairman Jerome Powell by US President Donald Trump and threats of his resignation have raised concerns about the Fed's independence. As a result, investors who doubt the stability of the US currency began to consider bitcoin as a potential means of preserving value.