News with the tag "Dollar Index"

A crypto strategist who accurately timed Solana’s ( SOL ) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep b...

This week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881 to 103.967—an event some market observers interpret as a bullish inflection point for Bitcoin. Jamie Coutts, Chief Crypto ...

In the ever-fluctuating world of cryptocurrency, keeping a close watch on traditional financial indicators can provide valuable insights. One such indicator, the Dollar Index , has recently shown remarkable stability amidst a flurry of economic data releases. But what does this mean for crypto inves...

Bitcoin has extended its consolidation below $100,000 since the beginning of February. This price lag has been compounded by a slowdown in bullish sentiment among investors and a slowing euphoria regarding the crypto-positive influences of Trump’s new administration in the US. Despite this rally slo...

Cryptocurrency markets are closely intertwined with traditional finance, and the strength of the US Dollar (USD) plays a pivotal role. Recently, the Dollar Index (DXY) has experienced a notable pullback, sparking questions about its future trajectory. Is this just a temporary breather, or the start ...

Cryptocurrency markets are often influenced by broader macroeconomic trends, and the strength of the US Dollar plays a pivotal role. For crypto traders and investors, understanding the trajectory of the Dollar Index (DXY) is crucial. Recent analysis from Societe Generale suggests a potential shift i...

The Dollar Index (DXY) , a key metric that tracks the value of the U.S. dollar against a basket of six major currencies, has surged to 109.18 points , according to Coinness Market Monitoring. This marks a significant continuation of the dollar’s upward trajectory, driven by economic and monetary pol...

A closely followed analyst believes the meme token Floki ( FLOKI ) is gearing up for rallies en route to fresh all-time highs (ATHs). Pseudonymous analyst Bluntz tells his 306,200 followers on the social media platform X that FLOKI appears to have completed an ABC correction on the daily chart. Blun...

The U.S. dollar index flexes its strength in the new year, reaching levels not seen in two years. This rise is supported by the so-called ‘Trump Trade,’ the expectation of only two more rate cuts this year, and the weakness of other currencies in the basket. Dollar Index Inches Higher Powered by Tru...

Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.