Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.
Auto Added by WPeMatico
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per…
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
ETH/BTC rallies to test its 'ascending triangle' pattern for a bullish breakout.
Stronger dollar prospects risk pushing down Bitcoin price to $32K
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin.
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF).…
Russia May Accept Bitcoin for Gas Exports, Lawmaker Says
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and…
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history
The so-called "mega whales" have accumulated over $712 million worth of XRP tokens since December 2021.
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?
BTC price took an unexpected bearish turn in January, but are there any catalysts that could support a run to $100,000 in 2022?
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.