Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst

2023-7-18 12:39

U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.

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index dollar turn conditions influences cryptocurrencies assets

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Bitcoin price prediction as the US dollar index plummets

Bitcoin price has been in a tight range in the past few weeks. Bitcoin’s fear and greed index has dropped to the fear level of 25. The US dollar index has plummeted to $103. Bitcoin price has held in a tight range even as the US dollar index (DXY) has plunged to the lowest level […] The post Bitcoin price prediction as the US dollar index plummets appeared first on CoinJournal.

2022-12-27 08:17


Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and book profits after the strongest relief bounce since early June.

2022-7-22 01:59