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Crypto Daybook Americas
Bitcoin and Dollar Exhibit Unprecedented Opposition
The correlation between bitcoin's value and the Dollar Index has reached its most extreme point in nearly four years, with a 30-day correlation coefficient of -0.90, indicating a strong inverse relationship between the two. This means that when the dollar weakens, bitcoin tends to gain, and vice versa. However, it's essential to note that this correlation can be influenced by bitcoin's continuous…
April 24, 2026, 11:17 a.m.