Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.
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Bitcoin(BTC)$63,214.000.38%
Ethereum(ETH)$2,561.983.92%
Tether(USDT)$1.000.01%
BNB(BNB)$569.070.51%
Solana(SOL)$146.712.70%
USDC(USDC)$1.000.04%
XRP(XRP)$0.59-0.29%
Lido Staked Ether(STETH)$2,560.023.85%
Dogecoin(DOGE)$0.1055790.48%
Toncoin(TON)$5.59-1.73%