Dollar index


Markets

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

A short squeeze refers to a rally stemming from traders squaring off their bearish short positions.

(stevepb/Pixabay)

Markets

Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data

The 90-day correlation coefficient between bitcoin and the dollar index has slipped to -0.70 from -0.11 four weeks ago.

La correlación negativa de bitcoin con el dólar estadounidense se ha fortalecido tras una breve pausa a fines de marzo. (Markus Winkler/Unsplash)

Videos

Bitcoin Bulls Should Hope Dollar Bucks January Trend

The Dollar Index (DXY) fell 7.7% in the fourth quarter but is poised to bounce back this month, as seasonal patterns show that the index has historically risen in January. That's an ominous sign for bitcoin because usually, a stronger dollar hurts BTC. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Videos

Why Investors' Expectations for Bitcoin Price Turbulence Drifted Lower This Year

"All About Bitcoin" host Christine Lee breaks down the Chart of the Day, comparing bitcoin's implied volatility with the dollar index, WTI crude, swaps and the S&P 500 going back to September 2021. Bitcoin's implied volatility has drifted lower this year despite the collapse of several crypto industry leaders, including Terra, FTX and BlockFi.

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