Bad omen? US dollar and Bitcoin are both slumping in a rare trend
The price of Bitcoin (BTC) was struggling to stay above $56,000 on April 20, which whale clusters pinpointed as a crucial short-term price level. Yet, the U.S. dollar index (DXY) has continued to fall in recent weeks, dropping to its lowest point in seven weeks to 90.85. Bitcoin (blue) vs. DXY (orange) Source: TradingView Why…
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