Bitcoin’s Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data

“The market eyes growth at 2% – shouldn’t move markets too intently given the backward nature of the data point – would need to be a big beat/miss to the move rates expectations and the USD, gold, Nasdaq,” Chris Weston, head of research at Pepperstone, said in a tweet.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,172
Markets: 1,255
Marketcap: $ 3.30 T
24h Vol: $ 84.29 B
BTC Dominance: 57.49%