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In today’s article, BeInCrypto takes a look at the US Dollar Index and its correlation to BTC. Since the beginning of Bitcoin’s history, the two assets have mostly shown a […]
In today’s article, BeInCrypto takes a look at the US Dollar Index and its correlation to BTC. Since the beginning of Bitcoin’s history, the two assets have mostly shown a negative correlation, which was clearly evident in the accelerated bull markets for BTC and subsequent declines.
The post The Dollar (DXY) is Approaching Long-Term Resistance – How Will Bitcoin React? appeared first on BeInCrypto.
