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

2022-9-14 12:44

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

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Bitcoin-Led Crypto Markets Could Be Negatively Affecting The US Dollar Claims ING Bank

According to a recent report released by ING on June 24, strong commodity and cryptocurrency prices plus sharply falling US dollar hedging costs should negatively affect the US dollar. The report conducted by ING’s global head of strategy Chris Turner was released as his latest foreign exchange analysis and just after Bitcoin (BTC) surged above […]

2019-6-25 23:40