Popular Crypto Analyst Warns US Dollar Index Preparing for Next Big Move As Altcoins Lose Critical Support

Popular Crypto Analyst Warns US Dollar Index Preparing for Next Big Move As Altcoins Lose Critical Support


The Daily Hodl
2022-10-20 19:00:40

A widely followed crypto analyst is watching the US dollar index (DXY), a measure of the US dollar’s strength against digital assets, and seeing the signs of a major jump. Crypto traders read the DXY to measure the strength of the markets – a strong DXY usually means lower crypto prices, and vice versa. Now, […]The post Popular Crypto Analyst Warns US Dollar Index Preparing for Next Big Move As Altcoins Lose Critical Support appeared first on The Daily Hodl.