Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’ Post author:MiamiCrypto Post published:September 16, 2022 Post category:correlation / Dollar / DXY / ETF / Fed / Markets / Tesla 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. You Might Also Like Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide July 10, 2022 Bitcoin and these 4 altcoins are showing bullish signs December 25, 2022 Terra Climbs to New Highs Becoming the Second-Largest DeFi Network December 21, 2021