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Tag: DXY

Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

May 20, 2022 wp-bot Cointelegraph

Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation “hopium.”

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Bitcoin price slow to react as US dollar rally stops at 20-year highs

April 29, 2022 wp-bot Cointelegraph

A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens.

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Bitcoin rejects $40K as US dollar strength hits 20-year high

April 28, 2022 wp-bot Cointelegraph

The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.

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Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’

April 27, 2022 wp-bot Cointelegraph

A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin’s upside potential still impressive.

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Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap

April 27, 2022 wp-bot Cointelegraph

As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength.

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Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs

April 19, 2022 wp-bot Cointelegraph

Bitcoin carves out its own trajectory as Wall Street trading gets underway in the first session after Easter.

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