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)$98,167.004.11%
Ethereum(ETH)$3,352.149.02%
Tether(USDT)$1.000.10%
Solana(SOL)$254.447.91%
BNB(BNB)$621.051.86%
XRP(XRP)$1.177.20%
Dogecoin(DOGE)$0.3844622.01%
USDC(USDC)$1.000.07%
Lido Staked Ether(STETH)$3,352.559.00%
Cardano(ADA)$0.79-1.41%