Bitcoin Correlations Reveal Dollar Still Rules

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Bitcoin's reliable inverse relationship to the U.S. dollar index has been holding strong. But it turned positive between Nov. 9 and Nov. 27, largely due to the collapse of FTX_Official. Watch Chart of the Day, presented by cryptocom:

Bitcoin 's reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX.

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Bitcoin Correlations Reveal Dollar Still RulesBitcoin Correlations Reveal Dollar Still RulesBitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. 'All About Bitcoin' host Christine Lee breaks down the Chart of the Day.
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