DXY

The US Non-farm Payrolls Increased by 206,000 in June, Bitcoin Defensive at $55,000

The US non-farm payrolls report for June showed 206,000 jobs added, slightly above expectations, with the unemployment rate rising to…

4 months ago

Bitcoin Correlation With The Dollar Index Turns Negative

Bitcoin (BTC) and Ether (ETH) are no longer positively correlated to the U.S. Dollar Index (DXY). The correlation between BTC…

2 years ago

FTX Launches US Dollar Spot Index Futures

FTX, a cryptocurrency exchange, announced Monday that it is expanding its reach into the realm of foreign exchange derivatives trading…

2 years ago

Bitcoin price can continue to rise despite correlation with DXY

The first week of November for Bitcoin doesn't match the 25% increase in the first week of October. Although BTC…

3 years ago

Massive bullish pattern on DXY could cause Bitcoin to lose $ 30,000 in support

Traders are carefully watching the build-up of a potentially bullish head and shoulders pattern on the US Dollar Index (DXY)…

3 years ago

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