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 Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation March 30, 2024 European Central Bank should raise rates in June, says Schnabel May 26, 2026 Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC August 13, 2023