Bitcoin and Dollar Move in Near-Perfect Inverse Relationship, a Rarity Seen in Almost 4 Years
The correlation between bitcoin's price and the Dollar Index has reached its most extreme level in nearly four years, 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 24/7 trading, particul…
April 24, 2026, 11:17 a.m.