What Does It Mean for Bitcoin and the Crypto Market?
Historically, Bitcoin's movements often show an inverse correlation with the DXY. When the dollar weakens, global liquidity tends to improve, and interest in risk assets, including crypto, increases.
Analysts believe that a weakening dollar can be a supporting factor for Bitcoin in the medium term. Besides reducing the appeal of dollar-based assets, this depreciation also encourages investors to seek alternative stores of value outside the fiat system.
However, the impact is not always instant. Some analysts note that yen strengthening could
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