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While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
25.9.2022
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s...
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
23.9.2022
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
23.9.2022
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
16.9.2022
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
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
16.9.2022
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices
Bitcoin battles whales above $22K as BTC price faces US CPI data
13.9.2022
Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows
Bitcoin hits 3-week high as trader says 'all signs there' to short BTC
12.9.2022
Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
12.9.2022
A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days
Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer
9.9.2022
BTC rallies above $21,000 as the US dollar index shows signs of cooling off, but is the wider crypto market beginning to reverse its bearish trend?
Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%
9.9.2022
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts
BTC price sees new $20K showdown — 5 things to know in Bitcoin this week
5.9.2022
Old all-time highs from 2017 come back to haunt Bitcoin as BTC price action fails to see relief this "Septembear."
Bitcoin squeeze to $23K still open as crypto market cap holds key support
2.9.2022
A matter of a few hundred dollars could separate BTC price action from a "short squeeze," one trader believes
US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%
1.9.2022
There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength
Bitcoin erases latest gains with BTC price back below $20K as dollar spikes
30.8.2022
Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs
DXY Seeks Balance as Euro Wonders Where to Land
30.8.2022
The world economy is in for some introspection as the US Fed eyes go for a hike of 75bp sometime in September. This comes after the 2-year US yields rise by 10bp to touch 3.48%. DXY is at its highest since September 2002, with 109.47. Twenty years later and talks have gained space in the …
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
29.8.2022
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support
Bitcoin sits at range high as realized price sparks BTC 'macro signal'
25.8.2022
Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers
Bitcoin addresses in loss hit 1-month high as BTC price retests $21K
23.8.2022
There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar