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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)$87,641.000.24%
  • ethereumEthereum(ETH)$2,939.170.33%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$842.890.29%
  • rippleXRP(XRP)$1.881.53%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$123.960.77%
  • tronTRON(TRX)$0.2836051.55%
  • staked-etherLido Staked Ether(STETH)$2,937.050.35%
  • dogecoinDogecoin(DOGE)$0.1240661.17%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$87,641.000.24%
  • ethereumEthereum(ETH)$2,939.170.33%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$842.890.29%
  • rippleXRP(XRP)$1.881.53%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$123.960.77%
  • tronTRON(TRX)$0.2836051.55%
  • staked-etherLido Staked Ether(STETH)$2,937.050.35%
  • dogecoinDogecoin(DOGE)$0.1240661.17%