Bitcoin and Dollar Exhibit Extreme Inverse Relationship, Reaching 4-Year High
The correlation between bitcoin and the Dollar Index has become notably pronounced, with a 30-day correlation coefficient of -0.90, the most extreme reading since September 2022. This implies that when the dollar weakens, bitcoin tends to gain, and vice versa. However, it's essential to consider that bitcoin's 24/7 trading structure can influence this relationship, particularly during weekends wh…
April 24, 2026, 11:17 a.m.