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 level since September 2022. This indicates a strong inverse relationship, where a weaker dollar tends to boost bitcoin, and vice versa. However, it's essential to consider that bitcoin's 24/7 trading schedule can influence this …
April 24, 2026, 11:17 a.m.