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 Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar November 4, 2021 Why Bitcoin’s resistance to retesting the $25K support could be futile June 13, 2023 Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin? August 7, 2023
Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin? August 7, 2023