Dogecoin (DOGE) Maintains Support Amid Market Weakness, Bulls Seek Confirmation Bounce

Dogecoin corrected some gains and traded below $0. 1780 against the US Dollar. DOGE is now holding the $0. 1680 support and might aim for a fresh increase. DOGE price started a fresh downside correction below $0.

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Why Bitcoin lost the $100k floor: Everything that happened in crypto today

Bitcoin traded at $100,640.15 as of press time, down 5.6% in the past 24 hours, after briefly losing the $100,000 price threshold on Binance futures for the first time since June 23. The sell-off wiped billions from the broader crypto market as traders confronted a three-month high in the dollar, equity weakness, and a four-day […] The post Why Bitcoin lost the $100k floor: Everything that happened in crypto today appeared first on CryptoSlate.

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Bitcoin Going to Crash? US Dollar Index Hints at Move Up

Bitcoin showing weakness as US Dollar Index attempts retrace, threatening further downside if dollar strength continues

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Bitcoin's Rally Reflects Dollar Weakness, Other Assets Highlight the Barriers Ahead

Bitcoin broke above $118,000, but key resistance levels remain across other assets.

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US dollar weakness, growing money supply could fuel Bitcoin 2025 rally

Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.

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Ether Leads Post-Fed Crypto Market Rally as Yen Weakness Sparks Risk-On Frenzy

From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC’s Bold Move

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Bitcoin's Potential Rally Amid U.S. Dollar Weakness

Analyzing the recent drop in the Dollar Strength Index and its implications for Bitcoin.

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Is Yen Weakness Tied to Japan’s High Debt Levels?

The yen has tumbled to multi-decade lows against the U.S. dollar following Japan's exit from negative interest rates.

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Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor of the buyers.

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Binance Coin under severe pressure, tests the $200 support level

Binance Coin forms a descending triangle above important support area 2023 gains are gone A break below $200 should trigger more weakness The US dollar is the month’s winner as it rallied against its peers and against major cryptocurrencies in September.

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Ethereum remains under pressure as the dollar strengthens

The US dollar strengthened following the FOMC September meeting The Fed sees the funds rate higher for longer Ethereum should hold above $1,400 for the bullish bias to persist This year had two distinct parts for financial market participants – one characterized by the dollar’s weakness and one dominated by the dollar’s strength.

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Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH

Bitcoin Cash price is holding the key $180 support against the US Dollar. BCH seems to be aiming for a fresh increase toward the $205 and $220 levels. Bitcoin cash price is showing positive signs above the $180 level against the US Dollar.

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Bitcoin price forecast with the help of EUR/USD

Bitcoin and EUR/USD have a direct correlation EUR/USD leads Bitcoin’s recent bullish trend has been based solely on the dollar’s weakness Today is the last trading day of a busy trading week in the traditional currency market.

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Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins.

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Bitcoin struggles at resistance; inverse head and shoulders points to further strength

Bitcoin meets resistance but looks bullish  A daily close above $25k points to further strength  An inverse head and shoulders pattern suggests more dollar weakness Can Bitcoin reach $35k? According to this reversal pattern, it can!  Bitcoin’s price action followed the US dollar lately.

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Why The Dollar Death Cross Is Bullish For Bitcoin

Today, the Dollar Currency Index saw a death cross on the daily timeframe. Bitcoin, as an asset trading against USD, is especially susceptible to strength or weakness in the greenback.  But what exactly happens when the dollar death crosses and what has this meant in the past for crypto? DXY Dollar Currency Index Suffers Ominous […]

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Bitcoin takes liquidity near $17K as US dollar shows weakness pre-CPI

BTC price action targets $17,000 amid gently increasing volatility, with a week to go until U.S. inflation data.

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Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels.

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Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback

Prominent investment banks like UBS and ING expect the dollar to remain supported over the near term.

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Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

Weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance (DeFi) is resulting in the “crypto equivalent of quantitative tightening,” Morgan Stanley said.

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Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength

Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin.

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Bitcoin trader eyes US dollar for BTC price breakout cue, Ethereum clings to $2K

No sign of a breakout as $33,000 becomes resistant overnight, and altcoins trade mostly flat as a result of BTC price weakness.

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Bitcoin’s Weekend Weakness: Yields Crash and Go Negative, OI Is Still Halved From Peak

While gold is getting crushed down 8.14% this month while the US dollar has soared to 92.4, aiming for a 2021 high of 93.43. The post Bitcoin’s Weekend Weakness: Yields Crash and Go Negative, OI Is Still Halved From Peak first appeared on BitcoinExchangeGuide.

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Here's why April may be the best month yet for Bitcoin price

U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April.

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Dollar weakness meets alt season: Is Bitcoin price about to hit $50K?

The price of Bitcoin is getting closer to the next major psychological resistance.

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Euro Weakness Booms Bitcoin and Stocks

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Dollar Hungover, Bitcoin & Ethereum Give BTD Opportunity; Total Crypto Market Cap Poised to Hit $1 Trillion

While dollar is expected to see more weakness, after the retail buying over the holidays, institutional investors returning to their desks this week are expected to boost BTC prices further. The post Dollar Hungover, Bitcoin & Ethereum Give BTD Opportunity; Total Crypto Market Cap Poised to Hit Trillion first appeared on BitcoinExchangeGuide.

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Analyst Who Called for $650 Ethereum Thinks This is Coming Next

Ethereum has been lagging behind Bitcoin as of late, not being able to match the immense gains seen by the benchmark cryptocurrency This trend has come about due to Bitcoin sucking the oxygen out of the room, with the benchmark crypto outperforming just about every major altcoin as of late If this trend persists, Ethereum could continue posting relative weakness on its BTC trading pair, hampering the growth it sees against the dollar as well […]

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PayPal Customers Bought the Dip on Bitcoin & Crypto

The losses that came late Thursday night was the biggest decline since the March sell-off.  However, the largest cryptocurrency is still up 135% YTD with its investor base widening who are turning to it in search of a hedge against dollar weakness amidst loose monetary policy.

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US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week

USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000.

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Here’s the Current Political Event That’s Driving Bitcoin Higher: Economist

Bitcoin has rapidly become a macro asset throughout the past few weeks and months, with the crypto trading largely based on global economic trends and events This has greatly benefited the cryptocurrency as of late, with a combination of stock market strength, weakness in the Dollar, and some economic uncertainty in the future all bolstering it One economist is now noting that there is one crucial economic event that will likely guide Bitcoin’s price action […]

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US Dollar Weakness Exposed, Investors Flip to Bitcoin  

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Will the dollar’s weakness result in Bitcoin finally breaking $12,000?

The recent weakness in the dollar is giving Bitcoin some momentum to possibly test multi-year highs.

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Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery.

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Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […]

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Bitcoin, Metals, And Equities “Will Fly” If Dollar Downtend Deepens

The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, and equities to surge.

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What a Rebounding Dollar Could Mean for Bitcoin and Altcoins

Both Bitcoin and altcoins have enjoyed a near-perfect environment for them to thrive, all based on the dollar’s weakness and decline. It has allowed these digitally scarce assets to rise significantly in 2020.

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Gold, Dollar Signaling Inflation Risk?

A surge in gold prices and weakness in the US dollar could be signaling expectations for inflation to rise amid massive monetary and fiscal spending.

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Bitcoin, Ethereum, and Major Cryptos Fall as Dollar Finally Reverses

Bitcoin, Ethereum, gold, stocks, and nearly every other asset on the planet trades against the almighty dollar. Its role as the global reserve currency is an exhausting one, often showing moments of weakness when times get tough.

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Buy Bitcoin Before ‘Major Banking Crisis’ — ‘Rich Dad Poor Dad’ Author

Robert Kiyosaki says there is no longer any time to “think about” buying safe havens like Bitcoin as dollar weakness continues worsening.

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ETF Manager CEO: Bitcoin Has Cemented Itself As A Dollar Alternative

The dollar’s recent weakness and the decline has economists calling for the death knell. Amidst the discussion surrounding dethroning the asset, other competing currencies, and even gold are being pointed to as alternatives suitable as the next global reserve currency.

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Nasdaq-listed Billion Dollar Software Firm Reveals its Plan to Invest in Bitcoin in its Search for Yield & to Hedge Dollar Weakness

MicroStrategy, a business intelligence, mobile software, and cloud-based services provider, is planning to make an investment in bitcoin and other digital assets, as per the Q2 2020 Earnings Call of the company held on Jul 28, 2020.

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USD-Pegged Cryptos & BTC Continue to Rise in Contradiction to the Falling US Dollar

The US dollar is not having a good start in the second half of 2020. The dollar index, which measures the greenback against a basket of leading currencies, has fallen 9.5% since the March high. July was the currency’s weakest monthly performance in a decade after USD fell to a two-year low. This weakness has […]

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US Dollar Struggles to Stay Afloat as COVID-19 Pandemic Rages on

The fate of the US dollar could be closely linked to the fight against the Coronavirus, according to new research. The analysis comes as a result of the dollar’s apparent weakness in recent weeks as COVID-19 cases in America continue to rise.

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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold

U. S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness.

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There’s a Big Catch to This Week’s Bitcoin Pump – And It Involves the Dollar

Bitcoin price pumped this week to above $11,400 in an explosive 14% intraday move. However, the rally being so powerful may have more to do with the dollar’s weakness, and less due to strength in Bitcoin.

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US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises

The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming.

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Bitcoin Will Benefit, Asserts Top Economist after Predicting 35% Crash in Dollar

Bitcoin should benefit from the U. S. dollar’s weakness, according to Stephen Roach, former chairman of Morgan Stanley’s Asia division. The Yale faculty noted that the greenback could fall by as much as 35 percent against the basket of foreign currencies.

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Bulls Beware: Bitcoin Could Dive After This Key Technical Breakdown

Bitcoin is showing a few bearish signs below the $7,400 resistance area against the US Dollar. BTC price is currently declining and it could extend its weakness towards $7,100 or $6,800. Bitcoin is struggling to clear the $7,400 and $7,500 resistance levels against the US Dollar.

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