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Bitcoin gets 'highly favorable' cues as DXY sets 21-year weakness record

cryptoweekly by cryptoweekly
July 9, 2025
in bitcoin, News
0

Bitcoin maintaining its inverse correlation to the US dollar means big wins on the horizon as the dollar strength DXY index trails below key moving averages.

Key points:

The US Dollar Index (DXY) is below its yearly moving average and more than six points below its 200-day equivalent.

Bitcoin should stand to benefit from the trend thanks to its traditional inverse correlation to DXY.

Read more

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Recent Posts
  • AI and blockchain are already disrupting legacy education system
  • Saylor signals Bitcoin buy as Strategy's stash climbs to over $71B
  • Bitcoin gets $125K target as trader sees 'big move' next, ETH hits $3750
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