Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
The Federal Reserve chairman is scheduled to speak at event hosted by Sweden's central bank.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ONT7KNUD6ZFNLOYP72E2ZXAMCY.jpg)
Sponsored
Jan 10, 2023 at 12:34 p.m. UTC
Jan 10, 2023
dollar
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/G4HTXHRPDZHSFGJL5PM734WNYU.jpg)
Bitcoin Correlation With the Dollar Index Turns Negative, Again
Asset managers reduced long positions in BTC for a third consecutive week.
Sponsored
Nov 30, 2022 at 9:20 p.m. UTC
Nov 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CC7QPZZYYJHAFOP2GFC52GR6WI.jpg)
Goldman's Bullish Dollar Forecast Could Spell More Bad News for Bitcoin
The cryptocurrency has fallen as the U.S. dollar index has gone up.
Sponsored
Oct 21, 2022 at 1:12 p.m. UTC
Oct 21, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PJTR3KRDWJCRVE3QREM6KUOK7A.png)
Crypto Update | The Dollar Can Be a Protocol for the Future of Money
Bitcoin remains rangebound at around $20K, plus a look at how a stablecoin-based model of money may allow innovation to flourish. 'Markets Daily' is back with the latest roundup of crypto news.
Sponsored
Oct 6, 2022 at 3:18 p.m. UTC
Oct 6, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HJXQ3UYBWFEWTNTF2HLIOWNUNY.jpg)
Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound
Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.
Sponsored
Oct 4, 2022 at 9:55 a.m. UTC
Oct 4, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/W3BAYLAI5JAZRA6QAEGZ77UFV4.jpeg)
Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'
Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity.
Sponsored
Sep 30, 2022 at 8:47 a.m. UTC
Sep 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QZLOGKUIKJFF5I5X4IRN4ZJTZM.jpg)
The Dollar Is Our Currency and Your Problem
Why the dollar’s strength represents such a problem for the rest of the world.
Sponsored
Sep 27, 2022 at 8:38 p.m. UTC
Sep 27, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WFKC3N4QIRE3LB2XWFEAFZVI6E.jpg)
‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”
Sponsored
Sep 27, 2022 at 4:37 p.m. UTC
Sep 27, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZSTYO7A7ORDITPN7PCTTVX2RN4.jpg)
Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls
The top cryptocurrency by market value rose over 5% to $20,350, according to CoinDesk data. Ether, the second-largest cryptocurrency, rose 4% to $1,390.
Sponsored
Sep 27, 2022 at 7:55 a.m. UTC
Sep 27, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LCTGLNLK3RHSXCUYMD2AJM5IAQ.jpg)
Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback
Investment banks like UBS and ING expect the dollar to remain supported over the near term.
Sponsored
Sep 13, 2022 at 9:44 a.m. UTC
Sep 13, 2022