Bitcoin and Dollar Exhibit Unprecedented Opposition, Reaching a 4-Year Extreme
The correlation between bitcoin's price and the Dollar Index has reached its most extreme level in almost 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. The coefficient of determination, or correlation squared, is 0.81, suggesting that approximately 81% of bitcoin…
April 24, 2026, 11:17 a.m.