Analysts Fear a Strong US Dollar Will Dampen Bitcoin’s Bullish Momentum

Dato · 08-24-2020, 02:32 AM

Analysts Fear a Strong US Dollar Will Dampen Bitcoin’s Bullish Momentum

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iYWRmNDI4OWYwY2EwN2U1YjUxM2MyMDcwNTYzOTZiMC5qcGc=.jpg"></p><p>Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum.</p>

https://cointelegraph.com/news/analysts-...mentumKind Regards R

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	US gov’t debt downgraded — Huge news for Bitcoin?	Dato	0	190	08-12-2023, 06:50 AM Last Post: Dato
	SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments	Dato	0	106	08-11-2023, 08:10 PM Last Post: Dato
	Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low ?	Dato	0	103	08-11-2023, 08:10 PM Last Post: Dato
	SEC decision on Bitcoin ETFs won’t leave out Wall Street giants	Dato	0	103	08-11-2023, 08:10 PM Last Post: Dato
	US gov’t debt downgraded — Huge news for Bitcoin?	Dato	0	109	08-11-2023, 08:10 PM Last Post: Dato