Dollar Rise in Bitcoin: Are Things Turning Upside Down?

Bitcoin (BTC) recorded a $700 gain in value despite the dollar index (DXY) reaching its highest level in the last 10 months.

Bitcoin signed in a short time 3%While attracting attention with an increase close to EST yesterday at 03.00 after starting the trading day from $700 gained more value. Bitcoin in this process $26,102 from levels for $26,819 output.

With Bitcoin, there was a greening up in the entire cryptocurrency market. Ethereum (ETH) 1633 dollarswhile reaching BNB (BNB) 216 dollarsa, Cardano (ISLAND) $0.247a, Ripple (XRP) 0.507 dollara and dogecoin (DOGE) to $0.0613 rose.

The rise in Bitcoin and cryptocurrencies from purchases in the spot market It is thought to originate from

It increased despite the dollar!

Bitcoin is in the dollar index, which is known to be inversely correlated under normal conditions. Despite the rise showed an increasing performance. DXY, last few weeks with the rise in the process 10-month high reached. DXY, Today 106.16 from levels 106.49 reached its levels.

The rise in question gold, silver And Euro (EUR) While it negatively affects global parities such as Bitcoin It did not show a negative reaction and experienced an increase. The situation that occurs of Bitcoin Now Not affected by the dollar index And things are turning around brought his thoughts to mind.

According to CoinGecko data bitcoin, while writing from $26,782 is being traded.

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