Bitcoin and the DXY

Crypto1
Aug 22, 2022
1 min read

In a new strategy session, Cowen tells his 764,000 YouTube subscribers that Bitcoin has historically been inversely correlated with the US Dollar Index (DXY).

The DXY measures the value of the dollar against a basket of six foreign currencies.

https://dailyhodl.com/2022/08/20/one-indicator-is-likely-to-determine-whether-bitcoin-stays-in-a-bear-market-says-crypto-analyst-benjamin-cowen/

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