Dollar index
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
The U.S. factory activity unexpectedly expanded in March, data released Monday showed, sending the dollar index higher.
Bitcoin Set to Form Death Cross as Dollar Index Teases Golden Crossover
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
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
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
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
A short squeeze refers to a rally stemming from traders squaring off their bearish short positions.
Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
The 90-day correlation coefficient between bitcoin and the dollar index has slipped to -0.70 from -0.11 four weeks ago.
Bitcoin Bulls Should Hope Dollar Bucks January Trend
The Dollar Index (DXY) fell 7.7% in the fourth quarter but is poised to bounce back this month, as seasonal patterns show that the index has historically risen in January. That's an ominous sign for bitcoin because usually, a stronger dollar hurts BTC. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
Why Investors' Expectations for Bitcoin Price Turbulence Drifted Lower This Year
"All About Bitcoin" host Christine Lee breaks down the Chart of the Day, comparing bitcoin's implied volatility with the dollar index, WTI crude, swaps and the S&P 500 going back to September 2021. Bitcoin's implied volatility has drifted lower this year despite the collapse of several crypto industry leaders, including Terra, FTX and BlockFi.
