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)$95,351.00-1.75%
Ethereum(ETH)$3,287.47-2.61%
Tether(USDT)$1.00-0.05%
XRP(XRP)$2.20-1.61%
BNB(BNB)$651.82-1.71%
Solana(SOL)$179.27-2.92%
Dogecoin(DOGE)$0.309611-4.68%
USDC(USDC)$1.000.00%
Lido Staked Ether(STETH)$3,284.50-2.52%
Cardano(ADA)$0.88-4.03%