Bitcoin and Dollar Exhibit Unprecedented Inverse Correlation
The Bitcoin (BTC) price has become increasingly intertwined with the Dollar Index (DXY), a gauge of the US dollar's strength against other major currencies. This inverse relationship, which stands at a 30-day correlation coefficient of -0.90, is the most extreme in nearly four years, according to data from TradingView. When the dollar weakens, bitcoin tends to gain, and vice versa. However, it's …
April 24, 2026, 11:17 a.m.