US dollar weakness

Weakening U.S. Dollar May Prime Bitcoin for Rally Amid Historical Inverse Correlation

A significant decline in the U.S. Dollar Index (DXY) signals potential upside for Bitcoin, as historical patterns demonstrate a strong inverse relationship between dollar strength and cryptocurrency valuations. The DXY is currently trading 6.5 points below its 200-day moving average… Read More »Weakening U.S. Dollar May Prime Bitcoin for Rally Amid Historical Inverse Correlation

Analysis: Rising Bitcoin-S&P 500 Correlation Signals Fiat Distrust, Not Conventional Risk Status

Recent data shows a significant strengthening in the correlation between Bitcoin and the S&P 500, interpreted by analysts as a reaction to waning confidence in the US dollar and broader fiat currency risks, rather than Bitcoin transitioning into a conventional… Read More »Analysis: Rising Bitcoin-S&P 500 Correlation Signals Fiat Distrust, Not Conventional Risk Status