Bitcoin and Dollar Exhibit Unprecedented Opposition, Reaching a 4-Year Extreme
The inverse relationship between bitcoin (BTC) and the Dollar Index (DXY) has reached an unprecedented level, with a 30-day correlation coefficient of -0.90, the most negative reading since September 2022. This indicates that when the dollar weakens, bitcoin gains, and vice versa. The coefficient of determination, or correlation squared, is 0.81, suggesting that approximately 81% of bitcoin's sho…
April 24, 2026, 11:17 a.m.