Bitcoin and Dollar Exhibit Unprecedented Opposition, Reaching a 4-Year Extreme
The correlation between bitcoin's price and the Dollar Index has reached an almost four-year high, with a 30-day correlation coefficient of -0.90, indicating a strong inverse relationship. This means that when the dollar weakens, bitcoin tends to gain, and vice versa. However, it's essential to consider that this correlation can be influenced by bitcoin's unique 24/7 trading structure. The coeffi…
April 24, 2026, 11:17 a.m.