News with the tag "dxy"

A widely followed crypto analyst says several indicators are suddenly flashing bullish for Bitcoin ( BTC ). In a new video update, crypto strategist Jason Pizzino tells his 350,000 YouTube subscribers that Bitcoin may be gearing up for an explosive move to the upside after breaking out into the mid-...

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 ...

Real Vision’s chief digital assets analyst Jamie Coutts believes Bitcoin ( BTC ) is gearing up for a massive breakout after weeks of volatility. Coutts tells his 35,600 followers on the social media platform X that he thinks a weakening US dollar and a massive sell-off in the crypto markets sets Bit...

Is the crypto market mirroring traditional finance more closely than we think? Recent analysis suggests a fascinating, and potentially critical, relationship between Bitcoin and the U.S. Dollar Index (DXY). According to Jamie Coutts, a respected analyst from Real Vision, the inverse correlation betw...

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...

In the fast-paced world of cryptocurrency and Forex trading, staying ahead of market movements is crucial. Today, we delve into the subdued trading of the US Dollar Index (DXY) , a key indicator for Forex traders globally. Despite a touch of firmness fueled by hawkish remarks from Federal Reserve of...

Cryptocurrency markets are closely watching traditional financial indicators for cues, and the recent surge of the US Dollar is a significant development. Fueled by robust US data and simmering geopolitical tensions, the Dollar is flexing its muscles, impacting global markets and potentially influen...

Is the US Dollar’s bearish run taking a breather? Crypto markets and Forex traders are keenly watching the Dollar Index (DXY), and recent analysis from OCBC suggests a potential pause in the downward trend. This comes as Federal Reserve (Fed) officials, particularly Christopher Waller, indicate a pr...

In a market characterized by constant fluctuations, the US Dollar has demonstrated an intriguing level of stability. Even as geopolitical tensions escalate and US markets take a breather for President’s Day, the greenback remains remarkably steady. For crypto enthusiasts and forex traders alike, und...