A stronger dollar is a weaker threat to bitcoin than traders think

A stronger dollar is a weaker threat to bitcoin than traders think

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

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Dollar Index (DXY) is rallying, which is usually seen as bad news for bitcoin BTC$83,806.15 and other dollar-denominated assets such as gold.

The data suggest the link is weaker than that view implies.

DXY, which tracks the dollar against a basket of major currencies, including the euro and the yen, has gained about 2.6% since Sept.

9 and hit a two-month high of 101.69 on Tuesday.

The dollar is the world’s reserve currency and sits at the center of global finance and debt.

When it rallies, borrowers with dollar debt face higher repayment costs and tend to cut exposure to risky assets.

So in theory, a stronger dollar should weigh on bitcoin.

Analiz: Piyasa hareketliliği devam ediyor.