DXY Drop Sparks Growing Interest in Bitcoin and Crypto
The US Greenback Index (DXY) plunged to 97.2 on Thursday, marking its lowest since 2022. This has intensified market expectations for a serious shift in capital flows towards Bitcoin (BTC)….
The US Greenback Index (DXY) plunged to 97.2 on Thursday, marking its lowest since 2022. This has intensified market expectations for a serious shift in capital flows towards Bitcoin (BTC)….
In a putting twin evaluation, the monetary charts paint contrasting futures for the US Greenback Index (DXY) and Bitcoin (BTC). Gert van Lagen, a technical analyst, has supplied a bearish….
Bitcoin rose to $26,820 on Wednesday, buying and selling in the other way to shares because the Greenback Index hit a 10-month excessive. An easing for the DXY might see….
Bitcoin and different altcoins continued falling on Wednesday. The US greenback index continued rallying as crude oil value jumped. There are indicators that the Fed will proceed mountaineering charges. Bitcoin….
The US greenback index jumped to the best stage in 5 months. The rally occurred because the US financial progress continued. Cryptocurrencies like Litecoin have an inverse relationship with the….
The US Commerce Division’s current exhibits that financial development and GDP have slowed whilst Bitcoin struggles to regain $30,000. The worth of Bitcoin (BTC) has remained comparatively stagnant for a….
The almighty greenback and the as soon as trending DXY is at an essential inflection level, with the potential to cripple the blossoming bull market in Bitcoin and the remainder….
DXY peaked at +20% in early October 2022 BTC/USD bottomed at -75% in late 2023 Lead-lag evaluation suggests BTC/USD may see one other +4% to shut the hole For years,….
Bitcoin traded above $68k in November 2021 in what gave the impression to be a large squeeze greater. However the enthusiasm shortly pale. In slightly multiple yr, hodlers noticed their….
Knowledge reveals Bitcoin has been extra secure than gold, DXY, Nasdaq, and S&P 500 lately, right here’s what historical past says may observe subsequent. Bitcoin 5-Day Volatility Has Fallen Beneath….