Data suggests strong US dollar weakens Bitcoin argument by Cointelegraph
Data suggests strong US dollar weakens Bitcoin’s argument
At present, there seems to be a general assumption that when the value of the US dollar rises against other major world currencies, as measured by the DXY index, the impact on (BTC) is negative.
In recent weeks, analysts and influencers have been launching alerts on this inverse correlation, which was verified until March 2021.
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