The DXY is showing that the dollar has been losing strength, Treasury yields have fallen and the dollar has continued its decline.
There is an inversion movement relationship between DXY and BTC.
DXY is an index of the value of the US dollar against a basket of foreign currencies. The Index rises when the US Dollar gains "strength" when compared to other currencies.
There is an inversion movement relationship between DXY and BTC.
DXY is an index of the value of the US dollar against a basket of foreign currencies. The Index rises when the US Dollar gains "strength" when compared to other currencies.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.