Apr 08 2021

Boom for Bitcoin as Macro Analysts Stick to Their Bearish Dollar Calls

published by Yashu Gola
in blog Bitcoinist.com
original entryBoom for Bitcoin as Macro Analysts Stick to Their Bearish Dollar Calls

bitcoin btcusd btcusdt cryptocurrency us dollar us dollar index

Bitcoin and the US dollar have stopped caring about their inverse correlation heading into 2021. The flagship cryptocurrency closed the first quarter more than 100 percent higher as more and more institutions became accustomed to its safe-haven characteristics. For instance, US carmaker Tesla...