Thanks for nothing, DXY. Bitcoin is back near $38,000 as the dollar's drawdown looks over already.
during Friday, this nonetheless echoing the vast majority of traditional assets — with the notable exception of Chinese equities.summarizedWith that, the S&P 500 finished Friday down 3.6% and the Nasdaq 100 down 4.5%. Hong Kong's Hang Seng, on the other hand, gained 4% overall.
"Would be pretty hard to rally price against a macro bear market in the short term. It’s what happens after a correction that counts," statistician Willy Woo argued as part of a"But also the DXY is at multiple technical resistances, if the govt steps in with yield curve control then we could see markets rally."
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