Bitcoin Surges Above Psychologically Important $20K Level Thanks to Drop in Dollar

Bitcoin Surges Above Psychologically Important $20K Level Thanks to Drop in Dollar


CryptoGlobe
2022-09-09 08:20:59

On Friday (September 9), the $BTC price went above the $20,000 thanks to a drop in the U.S. Dollar index (DXY), which tends to be inversely correlated with risk assets such as stocks and crypto. According to data by TradingView, on crypto exchange Bitstamp, around 4:00 a.m. UTC on September 9, the Bitcoin price went […]