DXY – Page 9 – DIGIT INFO

Bitcoin rises above $51K as the dollar flexes muscles against the euro

Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions.

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All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows

The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern.

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Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by 31% in Q3. The report shows that altcoins […]

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Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.

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Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold correlation shows

The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.

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Bitcoin price clings to $38K, but Dollar Index bounce could put BTC under pressure

Bitcoin is in wait-and-see mode as the dollar trades near two-month lows on warnings that the Fed could continue its stimulus programs.

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Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K

A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020.

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