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Dollar
Could Bitcoin Be a Safe Haven Asset Like Gold?
Gold bottomed out in early November and proceeded to turn higher, leading bitcoin's (BTC) bull revival by nearly two months. Gold's rally has stalled in the past few days, a cause for concern for BTC bulls. "All About Bitcoin" host Christine Lee breaks down bitcoin's relationship to the gold price and U.S. dollar strength on "The Chart of The Day."
Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
The Federal Reserve chairman is scheduled to speak at event hosted by Sweden's central bank.
Bitcoin Correlation With the Dollar Index Turns Negative, Again
Asset managers reduced long positions in BTC for a third consecutive week.
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.
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'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.
‘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.”
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.
