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Tag: US Dollar

Gold outshines Bitcoin in Q2 even after posting its worst month since 2016

June 30, 2021 wp-bot Cointelegraph

Safe-haven rivals move inversely to one another in a quarter mired by mixed inflation reports, Elon Musk FUD, and a suddenly hawkish Federal Reserve.

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Top Economist Calls Bitcoin As Legal Tender “Stupid”. Here’s Why He’s Wrong.

June 9, 2021 wp-bot News BTC

Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be

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Forget Elon, here’s why Bitcoin traders should be watching the US Dollar Index instead

June 4, 2021 wp-bot Cointelegraph

The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk’s cryptic tweet.

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Bitcoin accumulation uptrend can create a 2013-style BTC price ‘double pump’

May 31, 2021 wp-bot Cointelegraph

Long-term Bitcoin holders remain unfazed by the recent sell-off, but there is still one alarming sign.

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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

May 27, 2021 wp-bot Bitcoin News

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at

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US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

May 20, 2021 wp-bot Bitcoin News

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following

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