businessMar 8, 20253:27pending
Bitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC Bulls
About this episode
The US dollar index (DXY) is experiencing one of its largest weekly declines since 2013, fuelling optimism for a potential rally among risk-on assets, including Bitcoin (BTC). The last time the DXY saw such a sharp pullback was during the height of the FTX fiasco in November 2022, which coincided with a Bitcoin bottom.
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