$BTC: A Weaker U.S. Dollar Allows Bitcoin and Rest of the Crypto Market to Move Higher

$BTC: A Weaker U.S. Dollar Allows Bitcoin and Rest of the Crypto Market to Move Higher


CryptoGlobe
2022-08-23 19:01:13

Although the U.S. Dollar Index (DXY) surged to 109.22 — its highest level in over two decades — earlier today, since then it has dropped to 108.60, thereby allowing stocks and crypto to get some badly needed oxygen. Wikipedia says the U.S. Dollar Index” (DXY)—which is designed, maintained, and published by ICE (Intercontinental Exchange, Inc.)—is […]