2023-4-5 15:16 |
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.
Similar to Notcoin - Blum - Airdrops In 2024
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Bitcoin breaks $61K, benefiting from a weaker US dollar and rising global liquidity. Fed minutes suggest rate cuts, bolstering BTC’s momentum. The post All Eyes on Bitcoin as US Dollar Index Hits 2024 Lows appeared first on BeInCrypto.
2024-8-23 02:30 | |
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Renowned Economist Peter Schiff has warned about an imminent fall in the US Dollar and the country’s economy. If his warning is anything to go by, then a case could be made for cryptocurrencies and Bitcoin in particular.
2023-11-30 16:00 | |
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Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity.
2023-11-25 14:34 | |
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Republican presidential candidate Vivek Ramaswamy has unveiled a crypto policy framework, signaling his intention to peg the U.S. dollar to Bitcoin, and gut the SEC’s headcount.
2023-11-17 23:00 | |
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The US headline CPI came in largely as expected, causing Bitcoin to dip and the dollar index to rise, as economists predict a worst-case scenario of one more Fed rate hike. The post Why New CPI Inflation Data Is Bullish for US Dollar and Bearish for S&P 500 and Bitcoin appeared first on BeInCrypto.
2023-10-13 18:15 | |
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Bitcoin price is back above $30,000 per coin, but the market is still in disbelief, skeptical that a bull run is back across crypto. However, updated monthly charts for Gold (XAU) and the US dollar via the Dollar Currency Index (DXY) could provide early confirmation that something special is brewing. All That Glitters Is Not […]
2023-6-25 22:13 | |
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Bitcoin retained its position near $25,000 on March 16 as it attempted to break toward the week’s highs, despite a surging U.S. dollar combined with banking crisis contagion.
2023-3-17 19:08 | |
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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 | |
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The digital asset subsidiary of Fidelity Investments has released a research document titled “The Rising Dollar and Bitcoin,” which takes a bullish view of Bitcoin in rising dollar markets. The post Fidelity offers bullish views on Bitcoin amid rising dollar appeared first on CryptoSlate.
2022-10-21 23:13 | |
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Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.
2022-10-5 12:55 | |
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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 | |
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After plummeting for nearly a year, Bitcoin could soon find a bottom as the Fed turns its attention to suppressing the dollar's ascent.
2022-9-18 00:47 | |
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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 | |
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A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts.
2022-9-9 13:24 | |
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Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs.
2022-8-30 18:18 | |
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Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.
2022-7-4 18:14 | |
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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 | |
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Hate all you want; the US dollar is still the most dominant force in finance, and the global reserve currency. It is the de facto base currency in most trading pairs, even against Bitcoin. Because of this, when the dollar moves, so does the rest of the market. Find out why the dollar could be […]
2022-4-22 18:45 | |
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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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Traders are net-long on the US dollar for 12 straight weeks thanks to the Fed suggesting a possible tapering next month. Meanwhile, bitcoin adoption as legal tender is expected to grow even more strongly in the coming years.
2021-10-10 16:42 | |
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Basel regulators said today that banks face the “most risk” from Bitcoin and other cryptocurrencies as they are tools for money laundering and a threat to the broader financial market. The post Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure appeared first on CryptoSlate.
2021-6-10 13:56 | |
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Bitcoin, Ethereum, and just about every other asset on the planet trades against the dollar on its most liquid trading pair, and the greenback is the base currency that all exchanges rates are based on.
2021-5-13 23:14 | |
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Bitcoin is now reeling after a rejection prevented further highs around the time Coinbase Global went live on the Nasdaq. The same stock market has also been booming alongside crypto – both markets gone parabolic against a common denominator: the dollar.
2021-4-22 20:29 | |
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Bitcoin price over the holidays touched nearly $35,000 per coin, starting off 2021 with an enormous bang. Last week’s candle was the largest in the asset’s history, dollar for dollar, with over $8,000 added from open to the top of its wick.
2021-1-4 18:30 | |
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A minor rebound in the US dollar market prompted Bitcoin to reverse its upward momentum on Monday. The benchmark cryptocurrency fell by more than $1,000 in the early morning European session, hitting an intraday low at $22,430.
2020-12-21 14:33 | |
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Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency.
2020-12-5 18:00 | |
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A gloomy outlook for the US dollar is leaving Bitcoin with a potential to continue its bull run towards $20,000.
2020-12-3 11:15 | |
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The year was 2009 and the dollar had just recovered from The Great Recession. Bitcoin was born and grew up while the dollar regained its throne. After ten years of strengthening, the pandemic and associated monetary response to sustain the economy, caused the almighty dollar to weaken again.
2020-12-2 23:00 | |
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While Bitcoin is touted as uncorrelated, the cryptocurrency has been following the inverse of one asset over the past few months: the U. S. dollar. Like gold, BTC’s price action is partially dictated by the value of fiat currencies.
2020-9-11 03:03 | |
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Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U.
2020-8-22 11:00 | |
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The U. S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U.
2020-8-8 08:31 | |
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Yet another multi-billion dollar publicly-traded company told investors it would invest a portion of its assets in Bitcoin to preserve the value of its capital against a weakening dollar. BTC,...
2020-8-7 17:10 | |
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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 | |
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Bitcoin rose above $10,000 in an overnight rally Monday for the first time since May 8, 2020. The gains surfaced as investors sold the US dollar for riskier assets amid optimism about economic recovery.
2020-6-2 07:47 | |
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While many Bitcoin investors want the value of the U. S. dollar (USD) to crash more than anything in the world, right now, this is not the case. In fact, analysts say that the safe-haven dollar is poised to strengthen as the ongoing recession continues to ravage global markets.
2020-5-7 19:00 | |
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All’s well that end’s well. The US stock market seemed to have followed the message in spirit as it started the week and ended the month today on a ‘green note’. And speaking of green, greenback, the US dollar hit its highest level since 2017.
2019-10-1 22:44 | |
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Grammy award-winning music artist Akon has made the case for Bitcoin, lambasting the US dollar for being ultimately sustained by the government’s military might
2019-9-11 11:30 | |
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By CCN: The mighty US dollar appears to be one of the world’s safest currencies. This sense of security has blinded many from seeing that the greenback has lost tremendous value over the past 100 years, a fact that should send investors piling into a surging Bitcoin.
2019-5-13 20:00 | |
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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 | |
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Key Points Bitcoin price failed to correct higher above the $3,840 and $3,900 levels against the US Dollar. There is a major bearish trend line in place with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-12-27 09:00 | |
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Bitcoin (BTC) is currently being traded all over the world against many different fiat currencies. The dominant currency traded against Bitcoin is now the Japanese Yen. However, the US Dollar has been the dominant currency for several months.
2018-12-26 19:50 | |
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Key Points Bitcoin price corrected lower recently and traded below the $3,800 support against the US Dollar. There was a break above a short term declining channel with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-12-26 09:00 | |
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The U. S. Dollar (USD) and the Japanese Yen (JPY) are the two most dominant national currencies used in Bitcoin/fiat trading. But while the USD has always dominated the market, it appears BTC/JPY may now be on the verge of overtaking the dollar.
2018-12-26 23:00 | |
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At the end of May, a cryptocurrency exchange Bittrex got banking agreement that allows some clients to trade in USA dollars. According to the exchange’s announcements in Twitter account, Bittrex will launch US Dollar (USD) markets for Bitcoin SV (BSV) an Basic Attention Token (BAT) on December 27.
2018-12-25 14:52 | |
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Key Points Bitcoin price struggled to gain pace above the $4,240 level and declined recently against the US Dollar. There was a break below a major bullish trend line with support at $4,020 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-12-25 10:00 | |
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Bitcoin cash price declined sharply after trading above the $230 resistance against the US Dollar. BCH/USD broke the $200 and $175 support levels, and it could even test $120. Key Talking Points Bitcoin cash price failed to clear the $240 resistance and declined sharply against the US Dollar.
2018-12-25 07:55 | |
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There has been a lot of pairing going on in the crypto market ever since it’s evolution 10 years ago. One of the most trading pairs for Bitcoin in terms of fiat has been the US dollar. But now, the Japanese Yen has surpassed USD in Japan as the most fiat trading pair for Bitcoin.
2018-12-24 19:59 | |
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Key Points Bitcoin price traded higher and broke the $4,150 and $4,200 resistance levels against the US Dollar. There was a break above a major bearish trend line with resistance at $4,040 on the hourly chart of the BTC/USD pair (data feed from Kraken).
2018-12-24 10:00 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Bitcoin is still down 60% from its November 2021 all-time high, so many traders wonder if the BTC price could crash further in the coming months.
In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking a pivotal moment for Bitcoin and the broader crypto sector. The DXY, which gauges the Greenback’s performance against a basket of six major currencies, has extended its gains above the 104.
The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000.
In a recent newsletter by renowned analyst CryptoCon, a groundbreaking indicator known as the “Bitcoin DXY correlation coefficient” has captured the attention of the community. This indicator, which measures the correlation between Bitcoin and the U.
Bitcoin is flirting with $32,000 per coin, XRP just posted a 100% intraday rally, and suddenly cryptocurrency prices are green again. The sudden change is all part of a possible perfect storm brewing — one that leads to a dramatic recovery and new all-time highs sooner than most would expect.
Bitcoin has the chance to set off on a “parabolic curve” as the U.S. Dollar Index threatens to dive below 100, a popular trader says.