Dollar

Dollar

Mercati

Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High

Ned Segal’s comments likely provided a reason for traders to take some risk off the table in the wake of the rising dollar and U.S. tax reporting requirement.

Chart showing a drop in bitcoin's price Nov. 16  (CoinDesk, highcharts.com)

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Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains

Bitcoin’s negative correlation with the U.S. dollar is now the strongest since early March.

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Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher

A sustained uptick in real or inflation-adjusted yields, not nominal yields, poses downside risk to bitcoin’s price.

Bitcoin's daily chart (TradingView)

Video

Bitcoin as Digital Gold?

This Sunday, Aug. 15, will be the 50th anniversary of the end of the Bretton Woods currency system, when then-President Richard Nixon ended the dollar’s convertibility to gold. Half a century later, the emergence of cryptocurrencies begs the question: what is the dollar worth?

CoinDesk placeholder image

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The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next

What would it mean for the dollar to lose its global reserve status? Why might it happen? And what could take its place?

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Mercati

Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar

Bitcoin remains relatively resilient, having priced in the Fed's hawkish tilt in advance.

BTCUSD and DXY

Mercati

Bitcoin, Fiat Currencies Unnerved Even as Goldman Ditches Short USD Trade

Bitcoin has rallied by over 400% since Goldman Sachs issued a short dollar recommendation on Oct. 9.

Goldman Sachs