Bitcoin and Dollar Exhibit Extreme Inverse Correlation, a Rarity in Almost 4 Years
The correlation between bitcoin's price and the Dollar Index has reached a significant milestone, with a 30-day correlation coefficient of -0.90, the most negative reading since September 2022, according to TradingView. This implies that when the dollar weakens, bitcoin strengthens, and vice versa. The coefficient of determination stands at 0.81, indicating that approximately 81% of bitcoin's sho…
April 24, 2026, 11:17 a.m.