Bitcoin Bloodbath: How The Dollar Turned A Sea of Green Red

Today, Bitcoin has experienced one of its deadliest single-day drops on record in terms of dollar amount moved.

Dangerous Dollar Fractal Could Bring Return Of Bear Phase To Bitcoin

Bitcoin is trading at over $20,000, but the start of what might be the first real correction since the uptrend first began could be forming.

Fund Managers Head for Bitcoin as US Dollar Weakens

Bitcoin piques the interest of global wealth managers as an alternative to a weakening greenback while Wall Street sets new records.

Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’

Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the US financial system looks even worse.

Bitcoin decouples from legacy markets as ‘breathtaking’ rally predicted

Kraken has identified a decreasing correlation between Bitcoin and the legacy financial markets. A report published by major US-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative correlation with the US Dollar Index (DXY) since May, despite a brief coalescence between the two markets in early September.

Bizarre Correlation Between Bitcoin Dominance And The Dollar Discovered

Bitcoin just rocketed above $11,000 following the recent Square news, and DeFi tokens everywhere had a significant bounce.