Bitcoin and Dollar Exhibit Unprecedented Opposition, Reaching a 4-Year Extreme
The relationship between bitcoin (BTC) and the Dollar Index (DXY) has become increasingly significant for traders, with the 30-day correlation coefficient reaching -0.90, the most negative reading since September 2022. This implies that when the dollar weakens, bitcoin strengthens, and vice versa. However, it's essential to consider that bitcoin's 24/7 trading structure can influence this reading…
April 24, 2026, 11:17 a.m.