2023-6-20 22:30 |
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.
Similar to Notcoin - Blum - Airdrops In 2024
2023-6-20 22:30 |
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.
Similar to Notcoin - Blum - Airdrops In 2024
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
2024-10-16 09:34 | |
U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.
2023-7-18 12:39 | |
The U.S. Dollar Index is encroaching on new year-to-date highs, but Bitcoin whale activity suggests this may be a dead cat bounce.
2023-6-2 21:54 | |
Quick Take The Dollar Index (DXY) continues rising, hitting 104. 11, up 2. 80% in the past month. However, Bitcoin’s negative DXY correlation persists, with the former sinking as low as $25,800 on Thursday.
2023-5-25 11:02 | |
American stocks futures jumped on Monday while the US dollar index dropped by 22 basis points. Cryptocurrencies like Bitcoin (BTC), Ethereum (ETC), solana (SOL), and Cardano (ADA) are also on the green.
2023-5-16 16:30 | |
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
2023-5-15 15:03 | |
Bitcoin (BTC) and the U. S. Dollar Index (DXY) have been battling for supremacy in the financial world, with both assets vying for dominance in a zero-sum game. The recent volatility seen in the markets is a testament to the intensity of this battle.
2023-5-12 21:30 | |
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.
2023-5-3 14:13 | |
The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, hinting at a strong inverse relationship.
2023-4-27 14:06 | |
Cryptocurrency prices went nowhere this week as focus remained on the happenings in the United States, where data revealed that the economy was weakening. Bitcoin price remained in a consolidation phase even as the US dollar index (DXY) plunged.
2023-4-8 13:41 | |
Bitcoin price is poised to reach $31,000 in April amid a lower vacancy turnout in the U.S., which risks crashing the dollar strength index to a yearly low.
2023-4-5 15:16 | |
Bitcoin could be facing trouble in foreseeable future as dollar starts moving upward
2023-4-3 12:56 | |
The Bitcoin price plunged 2. 2% at the beginning of the trading session in Asia, but managed to hold the important support at $27,700. However, a breakout of the US Dollar Index (DXY) could mean another pullback for the Bitcoin price in the short-term if the inverse correlation remains high.
2023-4-3 12:10 | |
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies.
2023-2-27 08:39 | |
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 | |
Seasoned on-chain analyst tracked performance of Chinese 10-Year Government Bonds, US Dollar Index and Bitcoin (BTC) price and found interesting correlation pattern
2023-2-4 18:50 | |
Solana price has formed a triple-top pattern and a head and shoulders. Theta Network has moved above the cup and handle pattern. Hooked Protocol’s HOOK has surged above its all-time high. Cryptocurrency prices moved sideways this week as the US dollar index continued its downward trend.
2023-1-27 14:39 | |
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 | |
A rare 2% daily loss for the U.S. dollar index gives Bitcoin and stocks an opportunity for gains, but BTC still undercuts the rest on volatility.
2022-11-7 13:10 | |
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 | |
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000.
2022-9-22 15:22 | |
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 | |
Bitcoin has broken above the $21,000 mark in intraday trading Friday, putting up a bear market rally as a recently hot US dollar cools some of its momentum. The weakening dollar index has seen a bump in risk asset markets, with cryptocurrencies and stocks rising yet again ahead of the weekend.
2022-9-10 19:23 | |
The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets.
2022-9-2 00:30 | |
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 | |
Cardano (ADA/USD) price resumed its bearish trend as investors the market volatility and the US dollar index rose. The coin dropped to a low of $0. 4555, which was slightly below this month’s high of $0.
2022-8-24 12:31 | |
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 | |
The price of Bitcoin (BTC) bounced off its key support against Dollars (USD) after the Consumer Price Index (CPI) announcement in the United States. The metric is used to measure inflation in U. S. dollar and hints at a potential slowdown.
2022-8-11 20:01 | |
The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and book profits after the strongest relief bounce since early June.
2022-7-22 01:59 | |
Bitcoin, at one point, was considered a hedge against inflation since the value of the U.S Dollar kept declining. However, with time, the king coin's correlation with the stock index has kept on growiThe post Bitcoin needs CPR and this index's projected recovery could be it appeared first on AMBCrypto.
2022-7-4 22:30 | |
The crypto market is retesting critical support areas as the U. S. Consumer Price Index (CPI) print surpasses expectations. The metric is used to measure inflation in the U. S. dollar, and it recorded an 8.
2022-6-11 21:00 | |
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 | |
While Bitcoin continues to perform within a tight range, attention is now shifting towards the U.S dollar. This is particularly due to the Dollar index’s impressive rally over the last few months, oThe post Why there's good reason behind Bitcoin [BTC] waiting on the Dollar Index appeared first on AMBCrypto.
2022-5-26 00:00 | |
King Dollar has reached the highest level in two decades against a basket of other top fiat currencies as Bitcoin keeps getting pummeled
2022-5-5 21:55 | |
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 | |
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens.
2022-4-30 12:10 | |
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.
2022-4-29 17:25 | |
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 | |
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin.
2022-4-8 21:20 | |
Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.
2022-3-10 16:53 | |