Could The 'Short Dollar' Trade Tank Bitcoin? Analysts Say It Might—Under One Condition
-
最新报道：Analysts warn Bitcoin could face downward pressure if the US dollar strengthens, as the cryptocurrency has shown a strong inverse correlation with the dollar index (DXY) in recent months. A potential short squeeze in dollar positions might trigger a dollar rally, which historically coincides with Bitcoin price declines. However, some experts note this relationship may weaken if Bitcoin's institutional adoption continues growing, making it less reactive to traditional market movements. Currently, Bitcoin trades around $66,500 while the DXY stands at 104.5, with traders closely watching Federal Reserve policy signals that could impact both assets.
下一篇
S&P 500 heads into historically tough stretch after best rally since 2020
- The S&P 500 is entering a historically challenging period, with September typically being ...
24小时热点
热点专题
407106