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 bitcoin's 24/7 trading structure can influence this reading. The c…
April 24, 2026, 11:17 a.m.