Tag: usd

Apr 10 2021

wNews: Bitcoin “Threatens” the Dollar, Says Peter Thiel

Apr 10 2021 Published at Crypto Briefing under tags  aave analysis china layer 2 matic

This week's wNews digs into Peter Thiel's recent...

Apr 07 2021

A Potential Bitcoin Price Explosion Above $60,0000 is Brewing; Here’s Why

Apr 07 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin price btc btcusdt paypal

Has the Bitcoin market topped out as traders constantly fail to achieve a breakout move above $60,000? Apparently, no....

Apr 05 2021

Goldman Sachs Pulls Short Dollar Trade: Report

Apr 05 2021 Published at Crypto Briefing under tags  analysis bitcoin goldman sachs usd

The short dollar trade has run its course, says Goldman Sachs. Goldman Sachs Closes Short Dollar Call Goldman Sachs is pulling out of its short dollar trade, Bloomberg...

Mar 30 2021

The Dollar Regains Lost Ground, But Bitcoin Yet To React

Mar 30 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is once again approaching current record highs, and now that the momentum is back in favor of bulls, new all-time highs could soon be just ahead. While this is mostly nothing new for the leading cryptocurrency by market cap, the recent rally back to local resistance has happened all while the dollar has strengthened significantly. What exactly does this mean for...

Mar 25 2021

The Dollar’s Role In The Bitcoin Bloodbath Explained

Mar 25 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin is back trading at prices it began the month at, wiping out most of the current monthly candle. Ahead of a dangerous quarterly close, and amidst several bearish signals in the top cryptocurrency, the dollar is currently regaining strength and is a large factor in the recent market-wide selloff. Here's a closer look at how the dollar is impacting Bitcoin's bull run,...

Mar 09 2021

Decision Time In The Dollar Could Impact Bitcoin Trend Dramatically

Mar 09 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is back trending upward after reclaiming $50,000 and the pivotal $1 trillion market cap level. With new all-time highs in sight, the only factor that could have a dramatic impact on the current crypto market trend, is a reversal in the dollar. This reversal has been brewing for some time, but has yet to come to fruition. It's now decision time,...

Mar 04 2021

ADA/USD Correlation With BTC/USD Dips to Negative; an Extremely Rare Occurance

Mar 04 2021 Published at Coingape under tags  ada adabch adabnb adabtc adabusd

Cardano (ADA), currently the third-largest cryptocurrency by market cap has recorded...

Feb 08 2021

Asset DNA: Explaining Bitcoin’s Speculative Attack On The Dollar

Performance Of Various Asset Types Over Time Not all assets are created equal. Some appreciate in value, some lose value over time. This is obvious with things we consume, like the groceries we eat or the clothes we wear. But the same is true of assets that don’t visibly deplete but nevertheless lose value over time through wear and tear, like a car...

Feb 05 2021

WazirX Price Analysis: WRX Primed for a Massive Upswing to $0.15, MACD Supports Bullish Outlook

WazirX (WRX) trading has been progressive but in a lock-step manner. Since the beginning of January, WRX has increased in value within an ascending parallel channel's confines. The...

Feb 04 2021

Bullish Bitcoin Ignores The Dollar’s Dramatic Rebound

Feb 04 2021 Published at Bitcoinist.com under tags  altcoin bitcoin btc btcusd btcusdt

Bitcoin price has pulled back slightly but only after a more than 15% climb back toward previous highs. Thus far, a clean breakout has yet to arrive, but unseen by the naked eye, something important is going on in the relationship between Bitcoin and the dollar. The dollar is rebounding hard, yet the leading cryptocurrency by market cap has completely ignored the impulse....

Jan 28 2021

Bitcoin Price Prediction: Read on to see Why WAITING is better and what to expect?

Bitcoin price has decreased by almost -12.4% in the last 7 days. At the time of writing this, the Bitcoin price is sitting at $31460.32. This is not surprising as BTC has been moving upwards in the last 2 months until the recent price correction that was delayed. Now, what to expect from Bitcoin Price? In this article, we’re going to explore the...

Jan 19 2021

Long Bitcoin, Short Dollar Trades “Most Crowded,” Says Bank of America Survey

Jan 19 2021 Published at Crypto Briefing under tags  bitcoin bofa markets usd

A survey of investment managers with over $500 million under management shows the majority are bullish on Bitcoin and stocks but expect the dollar to succumb to inflationary...

Jan 14 2021

Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree

Bitcoin bounced back strongly today after a record price crash of more than $10,000 on Monday. The top cryptocurrency is currently trading above $38,000 and looking to reclaim its position above $41,000. At the start of 2020 bitcoin was struggling to keep its position above $10k and had a strong co- relation with S&P 500 leading The post Bitcoin Correlation With US Dollar Reaches...

Jan 07 2021

Is Bitcoin Boosted by Political Turmoil in the United States?

As a dramatic evening unfolded on Capitol Hill, the price of Bitcoin hit a new all-time high. Coincidence?

Dec 31 2020

This Coin Made 40% in Seven Days…Is It a Good Investment?

Bitcoin price has established a new all-time high above $29,000 for the first time ever and targeting the long-awaited $30,000 level. Bitcoin price looks unstoppable and its price is increasing like crazy. At the time of writing this, the Bitcoin price is sitting at $29,108.36. There are some altcoins that are performing exceptionally well. Every now...

Dec 22 2020

How Bitcoin Is The Solution To What One Billionaire Calls America’s Greatest Risk

Dec 22 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has been trading over $20,000 for well over a week now, resulting in more mainstream media coverage, and a wider scope of coverage in the world of finance. It has caused investors, analysts, and billionaires of all kinds to be questioned on their thoughts about the trending cryptocurrency. Responses are a mix of wild speculation and healthy skepticism. In an interview with...

Dec 04 2020

The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Dec 04 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusdt btusd crypto

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. The flight to cash caused Black...

Oct 28 2020

USDJPY Update: Rising Coronavirus Cases, Lack of Stimulus, US Election

The US dollar dropped on Tuesday amid concerns of the rising coronavirus cases in Europe and the US, and uncertainties surrounding the US election. How will it move against the Japanese yen in the coming weeks? On Monday, the USDJPY gained slightly amid the US, Russia, and France seeing a second wave of coronavirus infections. New protocols have been enforced. European countries including...

How The Dollar (DXY) Is Responsible For Bitcoin Rejection Under $14,000

Oct 28 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt btcusdtc

Bitcoin has been explosive for the past few weeks now, revisiting highs from 2019. But before the leading cryptocurrency by market cap could set a higher high and confirm a bull market, the dollar's recovery might have gotten in the way. According to the DXY Dollar Currency Index, the greenback has formed a rounding bottom and broken upward out from a falling wedge...

Oct 23 2020

Bitcoin Remains The Best Protection Against A “Devalued Dollar”

Oct 23 2020 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdc

During a time when money has become more difficult to come by for many, and the fiat monetary system is on the brink of collapse, Bitcoin might be the best chance at protecting wealth. One CEO of a risk management firm that educates investors on how to protect capital, claims that the leading cryptocurrency by market cap "remains the best short-term macro correlation"...

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