Bitcoin and Dollar Exhibit Unprecedented Opposition, Reaching a 4-Year Extreme
The correlation between bitcoin (BTC) and the Dollar Index (DXY) has reached its most extreme level in nearly 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. However, it's essential to consider that this reading can be influenced by bitcoin's 24/7 trading structure…
April 24, 2026, 11:17 a.m.