Bitcoin and Dollar Exhibit Extreme Inverse Correlation, a Rarity in Almost 4 Years
The relationship between bitcoin (BTC) and the Dollar Index (DXY) has become notably pronounced, with the 30-day correlation coefficient reaching -0.90, the most negative reading since September 2022. This implies that when the dollar weakens, bitcoin tends to gain, and vice versa. The coefficient of determination stands at 0.81, suggesting that approximately 81% of bitcoin's short-term price flu…
April 24, 2026, 11:17 a.m.