Dollar – Page 13 – Miami Crypto Coin

The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

Post author:MiamiCrypto
Post published:September 24, 2022
Post category:Bitcoin bitcoin funds BTC/USD Dollar ETF GBTC Grayscale Bitcoin Trust Safe Haven

Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market.

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low

Post author:MiamiCrypto
Post published:September 22, 2022
Post category:1998 24-year low Bank of Japan benchmark interest rate BOJ Buy-Side Buy-Side forex markets Dollar Dollars Economics falling currency fiat currency Foreign Exchange Markets Forex Greenback intervention japanese yen low rates Michael Hewson Steve Goldstein U.S. dollar US dollars USD

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998.…

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

Post author:MiamiCrypto
Post published:September 21, 2022
Post category:Bitcoin Bond Yields BTC/USD Dollar Federal Reserve inflation Interest rate US Stocks

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in…

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.

Bitcoin battles whales above $22K as BTC price faces US CPI data

Post author:MiamiCrypto
Post published:September 13, 2022
Post category:Bitcoin BTC price CPI Dollar DXY inflation

Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows.

Bitcoin hits 3-week high as trader says ‘all signs there’ to short BTC

Post author:MiamiCrypto
Post published:September 12, 2022
Post category:Bitcoin BTC price Dollar DXY Ethereum Price

Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average.

The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week

Post author:MiamiCrypto
Post published:September 12, 2022
Post category:Bitcoin BTC price Dollar DXY Hash Rate inflation Mining

A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days.

Bitcoin price cracks $21K as trader says BTC buy now ‘very compelling’

Post author:MiamiCrypto
Post published:September 9, 2022
Post category:Bitcoin BTC price Dollar Stocks

Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open.

Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%

Post author:MiamiCrypto
Post published:September 9, 2022
Post category:Bitcoin BTC price Dollar DXY

A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts.