Jan 12 2021

All Eyes on the U.S. Dollar as Bitcoin Attempts to Recover

published by Nick Chong
in blog Bitcoinist.com
original entryAll Eyes on the U.S. Dollar as Bitcoin Attempts to Recover

bitcoin price btcusd btcusdt xbtusd

Bitcoin fell extremely hard over the weekend and into Monday after reaching $42,000 last week. The cryptocurrency's drop came as the U.S. dollar index bounced around 0.7%. The recovery taking place now also coincided with a drop in the U.S. dollar index. Analysts say that it's important to keep an eye on this market moving forward. Bitcoin Could Lose Even More as U.S....