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Tag: DXY

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

September 21, 2022 wp-bot Bitcoin News

Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American

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Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’

September 16, 2022 wp-bot Cointelegraph

Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at

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Bitcoin battles whales above $22K as BTC price faces US CPI data

September 13, 2022 wp-bot Cointelegraph

Bitcoin bulls are now attacking the “final” major resistance cluster below $25,000, on-chain data shows.

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Bitcoin hits 3-week high as trader says ‘all signs there’ to short BTC

September 12, 2022 wp-bot Cointelegraph

Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average.

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The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week

September 12, 2022 wp-bot Cointelegraph

A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days.

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Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%

September 9, 2022 wp-bot Cointelegraph

A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts.

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