2023-2-27 08:39 |
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies.
origin »
|
Quick Take February 24 saw an influx of macro data, which includes the PCE index, personal income, and consumer spending. The post Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected appeared first on CryptoSlate.
2023-2-25 16:42 | |
|
|
Once again, this week will bring major macroeconomic data for the Bitcoin and crypto markets, which investors should pay attention to. While Bitcoin has steadily managed to break correlation with the S&P 500 and the Dollar Index (DXY) in recent weeks, it is likely that the Federal Reserve’s monetary policy will continue to have a strong […]
2023-2-20 11:45 | |
|
|
The U.S. Dollar Index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington.
2023-2-15 18:55 | |
|
|
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 […]
2023-1-7 01:08 | |
|
|
Bitcoin price has been in a tight range in the past few weeks. Bitcoin’s fear and greed index has dropped to the fear level of 25. The US dollar index has plummeted to $103. Bitcoin price has held in a tight range even as the US dollar index (DXY) has plunged to the lowest level […] The post Bitcoin price prediction as the US dollar index plummets appeared first on CoinJournal.
2022-12-27 08:17 | |
|
|
The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support.
2022-12-5 23:45 | |
|
|
Because the U.S. dollar index negatively correlates with traditional stocks and the cryptocurrency market, Bitcoin has likely reached a bottom. The post Dollar Index (DXY) Parabolic Rise Breaks Down as US Inflation Declines appeared first on BeInCrypto.
2022-11-13 14:36 | |
|
|
In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms.
2022-9-27 22:54 | |
|
|
Bitcoin price came under intense pressure this week as the VIX and the US…
The post Bitcoin price prediction as the US dollar index (DXY) spikes appeared first on CoinJournal.
2022-9-25 17:22 | |
|
|
The US Dollar Index (DXY) continues its parabolic rise. While it increased by 3% this week, commentators are asking when and at what level the dominance of the US currency will end. The strong dollar translates into a weak performance of other global currencies, traditional markets and cryptocurrencies.
2022-9-24 15:26 | |
|
|
In this episode of NewsBTC’s daily technical analysis videos, we examine yesterday’s perfected TD9 buy setup in Bitcoin and other potentially bullish signals. We also compare BTC against the dollar using the DXY Dollar Currency Index.
2022-9-23 00:18 | |
|
|
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.
2022-9-17 23:15 | |
|
|
BTC rallies above $21,000 as the US dollar index shows signs of cooling off, but is the wider crypto market beginning to reverse its bearish trend?
2022-9-10 20:43 | |
|
|
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the Bitcoin price monthly chart and the DXY Dollar Currency Index ahead of the monthly close. Take a look at the video below.
2022-8-31 18:46 | |
|
|
After months of upward movement, the U. S. dollar index (DXY) may have peaked and initiated a downtrend. In early August, the DXY broke down from its long-term, exponential upward curve, while yesterday it lost another support line that extends to March 2022.
2022-8-12 20:30 | |
|
|
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out — Bitcoin at risk of falling.
2022-5-27 11:11 | |
|
|
The U. S. Dollar Index, which has experienced rapid growth in recent weeks, has reached long-term resistance. Much depends on the DXY's further movements, not only in the broad financial sector, but also in the Bitcoin and cryptocurrency markets.
2022-5-1 18:15 | |
|
|
The DXY Dollar Currency Index is above the 100 level for the first time since the pandemic struck and lax monetary policy sent Bitcoin — and inflation rates — soaring. When or will the trend weaken, and what might continued strength or sudden reversal mean for Bitcoin and the rest of crypto? Fed Rate Hike […]
2022-4-15 02:56 | |
|
|
2022-4-12 12:54 | |
|
|
In today's article, BeInCrypto takes a look at the US Dollar Index and its correlation to BTC. Since the beginning of Bitcoin's history, the two assets have mostly shown a negative correlation, which was clearly evident in the accelerated bull markets for BTC and subsequent declines.
2021-12-9 16:03 | |
|
|
Meanwhile, the dollar is surging as the Fed turns hawkish, which is not a good look for Bitcoin as it historically has a negative correlation with the DXY index. The post Bitcoin’s Correlation With The Tech-Heavy Nasdaq and S&P 500 Hits A Multi-Month Low first appeared on BitcoinExchangeGuide.
2021-12-1 16:29 | |
|
|
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 | |
|
|
2021-11-5 20:06 | |
|
|
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […]
2021-5-20 19:40 | |
|
|
Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. The post 215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000 appeared first on CryptoSlate.
2021-3-26 11:02 | |
|
|
Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens.
2021-3-9 01:00 | |
|
|
The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time bearish outlook. Why? A monthly chart of the US dollar index (DXY), a barometer to gauge its performance against a basket of top foreign currencies, shows the greenback in a lifelong downtrend.
2020-9-25 08:44 | |
|
|
Renewed bullish behavior in DXY spells trouble for inversely correlated BTC/USD, underscoring the relationship between the two indices.
2020-9-21 14:50 | |
|
|
Coinspeaker BTC Surge: Visa Executive Makes New Case for Bull RunThere is a potential for a new Bitcoin price run as the U. S. dollar currency index (DXY) has dipped to a new low of 92.
2020-8-28 18:13 | |
|
|
This week, the Dollar Currency Index (DXY) tanked, letting other currencies and assets like Bitcoin (BTCUSD) thrive against the typically dominant market force. The recent fall has prompted Goldman Sachs to question the dollar’s global reserve reign.
2020-7-30 18:00 | |
|
|
Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term…
The U.S. Securities and Exchange Commission (SEC) approved a proposal by NYSE Arca to list and trade shares of a brand-new Bitwise exchange-traded fund (ETF) that combines Bitcoin and Ethereum.
XRP’s price could see a significant rally as the SEC’s legal defeat boosts user confidence and drives bullish predictions for 2025.
Ethereum performance from 2024 was admirable - the asset climbed from low $2K level to over $4,2K at its peak.
Ethereum has seen impressive price growth, and with the highly anticipated Pectra upgrade on the horizon, many are wondering if ETH can break the $15,000 barrier.
Solana (SOL) remains a top-performing Layer-1 blockchain, with huge potential for growth in 2025 due to its scalability and high-speed transactions.
Управляющая цифровыми активами компания Bitwise подала заявку на регистрацию биржевого фонда (ETF) на базе Dogecoin (DOGE) в отдел корпораций Госдепартамента штата Делавэр (США). True if Big.