Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.
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Bitcoin(BTC)$88,773.00-3.72%
Ethereum(ETH)$3,014.73-4.79%
Tether(USDT)$1.000.00%
XRP(XRP)$2.03-4.65%
BNB(BNB)$878.45-3.00%
USDC(USDC)$1.00-0.01%
Solana(SOL)$131.93-7.23%
TRON(TRX)$0.2850010.54%
Lido Staked Ether(STETH)$3,016.20-4.71%
Dogecoin(DOGE)$0.138583-7.16%