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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."
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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.
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