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Category: Dollar Index
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Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
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Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
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Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again
Bitcoin sees weakening momentum as the U.S. dollar recovers and Treasury yields rise.
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Bitcoin closes its second-best week ever: 5 things to watch in BTC this week
$50,000 support remains elusive but data suggests that the Bitcoin bull run is still “sustainable” with few sellers lined up.
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Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus
Positive reactions to a $1.9 trillion stimulus package combines to squash Bitcoin’s bullish sentiment.
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Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for […]
The post Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top appeared first on Bitcoin News.
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