$BTC: Further Dollar Weakness Helps Bitcoin to Break Above the $22,000 Level

$BTC: Further Dollar Weakness Helps Bitcoin to Break Above the $22,000 Level


CryptoGlobe
2022-09-12 09:30:48

On Monday (September 12), the $BTC price went above the $22,000 for the first time in over three weeks thanks to another drop in the U.S. Dollar index (DXY), which tends to be inversely correlated with risk-on assets such as stocks and crypto. According to data by TradingView, on crypto exchange Bitstamp, around 1:40 a.m. […]