Did Bitcoin just start a $40,000 relief rally with an 'expected' breakout?
Against expectations, crypto staged a recovery beyond an intra-hour “fake-out” as risk assets benefitted fromThe inverse correlation between the U.S.
dollar index and Bitcoin remained center stage on the day, with the greenback coming off twenty-year highs at the end of the week prior.“The Dollar is taking a nice hit today from the bears,” popular trader Crypto Tony“Good sign for Bitcoin as things cool off for the DXY.”
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