Bitcoin Hits Two-Month Low Amid Dollar Strength, Cooling Ordinals Activity

dropped to a two-month low of $26,188 early this morning amid rising dollar strength and a cooldown in the Ordinals hype. The dollar index (DXY), which values the dollar against other global reserve currencies, recorded a strong uptick on Thursday, inching toward monthly highs. Bitcoin, which usually has an inverse relationship with the dollar, started […]

• 2023-05-12
• Bitcoin dollar index Ordinals debt ceiling

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

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• 2023-05-03
• double bottom QCP dollar index short squeeze