As far as I know, Bitcoin's market value is not dependent to fiat currencies. The price of it is more determined by the demand and supply just like the any other things being sold to the masses, perhaps. The difference of its market value is its degree of volatility which is multiple times higher than the value of gold, as an example, as well as fiat currencies. More likely, the reason is regulation. Bitcoin is decentralized which voids the idea of regulation making its price not dependent to anything in the "world market". Feel free to correct me because that is how I understand its market value.
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd?
I don't think that is the reason why the market price of Bitcoin is having resistance at that point of this year.
If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
This would be another case then. Since USD is being the main basis of exchange in the world market, what happens in its value might reflect to ther fiat currencies.