Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?

Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
фото показано с : cointelegraph.com

2022-7-4 18:14

Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.

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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.

2021-11-23 00:39


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Bitcoin Primely Positioned as U.S. Foreign Policy Pushes Rivals to Ditch Dollar

As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U. S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies […] The post Bitcoin Primely Positioned as U.

2019-1-5 02:05