Dollar


Markets

Bitcoin Correlation With the Dollar Index Turns Negative, Again

Asset managers reduced long positions in BTC for a third consecutive week.

Daren Li pleaded guilty to conspiracy to commit money laundering. (Pixabay)

Markets

Goldman's Bullish Dollar Forecast Could Spell More Bad News for Bitcoin

The cryptocurrency has fallen as the U.S. dollar index has gone up.

Goldman Sachs detectó una continua fortaleza del dólar. (Getty Images)

Markets

Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound

Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.

Bitcoin rose past $20K during European hours. (Highcharts.com/CoinDesk)

Markets

Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'

Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity.

Bitcoin's bullish seasonality might be muddled by the continued slide in the USD Liquidity Index. (Pexels/Pixabay)

Markets

‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” said Glen Goodman, a longtime trader, on CoinDesk TV’s “First Mover.” (CoinDesk TV)

Markets

Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls

The top cryptocurrency by market value rose over 5% to $20,350, according to CoinDesk data. Ether, the second-largest cryptocurrency, rose 4% to $1,390.

(Francesco Carta/Getty Images)

Videos

What’s Driving Bitcoin Below $19K?

3IQ Head of Research Mark Connors discusses the potential factors behind bitcoin’s sell-off as the cryptocurrency slips below $19,000 near 2022 lows. Plus, why dollar strength is watched closely.

CoinDesk placeholder image

Markets

Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback

Investment banks like UBS and ING expect the dollar to remain supported over the near term.

The dollar may soon rebound, capping gains in bitcoin. (pasja1000/Pixabay)

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