Weaker dollar fails to spur BTC price gains, here’s the reason why
The weaker dollar is failing to spur bitcoin’s BTC$88,336.23 usual rally, and J.P. Morgan Private Bank explains the unexpected behavior as a window into the nature of the U.S. currency’s decline. The Dollar Index (DXY), which measures the greenback against a basket of peers, has dropped 10% in the past year. Bitcoin, which historically gains … Read more