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Analysts Fear a Strong US Dollar Will Dampen Bitcoin’s Bullish Momentum

August 22, 2020 by DIGIT
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Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum.

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Categories Bitcoin, Bitcoin Price, Dollar, Markets, Stocks
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%