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 Experts speak out on how high Ethereum could go with an ETF approval May 22, 2024 NFTs will bring crypto to billions of users, explains VC investor September 18, 2022 Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours August 23, 2022
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