Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
[Nov 6 5:33 AM] Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.
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Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
[Oct 24 5:49 AM] The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery
Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse
Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’
Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens
[Aug 20 6:30 AM] A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection…
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
[Apr 24 2:04 AM] Some banks, however, expect the dollar index to stay firm over the near term.
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
[Apr 1 11:33 PM] The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.
Bitcoin Price Targets $46,000 As DXY Receives Kiss Of Death
[Nov 7, 2023 6:45 AM] In a striking dual analysis, the financial charts paint contrasting futures for the US Dollar Index (DXY) and Bitcoin (BTC). Gert van Lagen, a technical analyst, has provided a bearish prognosis for the DXY, while simultaneously highlighting a…
Turning Point For Bitcoin And Crypto? DXY At 5-Month High
[Sep 6, 2023 5:30 AM] In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking a pivotal moment for Bitcoin and the broader crypto sector. The DXY, which gauges the Greenback’s performance…
Bitcoin Set to Form Death Cross as Dollar Index Teases Golden Crossover
[Sep 6, 2023 3:42 AM] A death cross indicates a potential long-term bearish shift in momentum while a golden cross suggests the opposite.
Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst
[Jul 18, 2023 3:39 AM] U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.
Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data
[Jun 30, 2023 4:57 AM] With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
[May 15, 2023 6:03 AM] Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
[May 3, 2023 5:13 AM] The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of…
Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
[Apr 27, 2023 5:06 AM] The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, hinting at a strong inverse relationship.