Bitcoin's reliable inverse relationship to the U.S. dollar index has been holding strong. But it turned positive between Nov. 9 and Nov. 27, largely due to the collapse of FTX_Official. Watch Chart of the Day, presented by cryptocom:
Bitcoin 's reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX.
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Bitcoin Correlations Reveal Dollar Still RulesBitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. 'All About Bitcoin' host Christine Lee breaks down the Chart of the Day.
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