Bitcoin

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 The leading cryptocurrency Bitcoin is generally negatively correlated with the US dollar index (DXY). 
 BTC and DXY were moving in opposite directions and especially in 2022, DXY rose while Bitcoin was falling. 
 Downtrend in DXY helps Bitcoin to rise while Bitcoin tends to benefit from weak DXY. 
 Stating that this negative correlation between Bitcoin and DXY has been broken at this point, Crypto is Macro Now analyst Acheson Acheson said that despite the decrease in DXY, Bitco[...] 
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/why-doesnt-bitcoin-rise-despite-the-decline-in-the-dollar-index-is-inverse-correlation-broken/">Why Doesn't Bitcoin Rise Despite the Decline in the Dollar Index? Is Inverse Correlation Broken?</a>
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Why Doesn't Bitcoin Rise Despite the Decline in the Dollar Index? Is Inverse Correlation Broken?

Bitcoin Sistemi EN

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