btcvsdxy
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#BTCvsDXY
$BTC has stabilized between $75,000 and $80,000 after a sharp weekend sell-off.
A resurgent U.S. #DXY , which has logged its strongest two-day gain in nine months, could arrest potential bitcoin recovery.
Expectations that Federal Reserve chair nominee Kevin Warsh will be cautious on interest-rate cuts, along with upcoming U.S. jobs data, are seen as potential drivers of further dollar strength.
...
$BTC has stabilized between $75,000 and $80,000 after a sharp weekend sell-off.
A resurgent U.S. #DXY , which has logged its strongest two-day gain in nine months, could arrest potential bitcoin recovery.
Expectations that Federal Reserve chair nominee Kevin Warsh will be cautious on interest-rate cuts, along with upcoming U.S. jobs data, are seen as potential drivers of further dollar strength.
...
📊 Bitcoin vs. DXY (Dollar Index) — Historical Trend Overview
Latest DXY Value: 96.77
Generally, when DXY falls, Bitcoin rises — and vice versa.
Historically, major $BTC bull runs align with DXY weakness.
🔁 This inverse relationship has held since 2011:
2017 bull run → DXY dropped
2020–2021 bull run → DXY downtrend again
🟢 DXY now at 96.77, hovering below key 100 level. If it drops further, it could support a new Bitcoin rally 🚀
#Bitcoin #DXY #CryptoMarket #BTCvsDXY
Latest DXY Value: 96.77
Generally, when DXY falls, Bitcoin rises — and vice versa.
Historically, major $BTC bull runs align with DXY weakness.
🔁 This inverse relationship has held since 2011:
2017 bull run → DXY dropped
2020–2021 bull run → DXY downtrend again
🟢 DXY now at 96.77, hovering below key 100 level. If it drops further, it could support a new Bitcoin rally 🚀
#Bitcoin #DXY #CryptoMarket #BTCvsDXY
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