Cryptocurrency & Blockchain

Dxy index decreases as below 105, because BTC price is $ 88,000


Early year, CoyDesk Research The US dollar index (Dxy) has shown that the US dollar has compared to the majority of major trading partners, and Donald Trump reflects its tractory as a presidential president.

Truk until January 20, 2024, it lasted to re-election, up to 1,000 to 110. This cycle has been reduced from 110 to 105 since the mid-November, between the middle of the month. If dxy falls until 103s, it will eliminate all the incomes to win Trump in November.

The Dxy Index above is usually considered strong, which is the pressure of the risk. However, when the index fell below 105, Bitcoin (BTC) has risen above $ 88,000.

In this time, when in this period of 103 and about 103, it was observed in 2017, which was in line with the bull of bitcou.

However, macroeconomic uncertainty, with surrounding problems Tariffsinflation and US GDP growth. The economy slows down and the work of work on Friday shows that 4,0% of unemployment continues.

If the report is more weaker than expected, Treasure yield The probability of which can be reduced to decrease the risk of the rate at the March convention of the Federal Reserve.




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