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@ NostrPulse 💓
2025-03-13 12:17:55
📰 News Alert...!
🔖 Title: Bitcoin Shows Relative Strength as Dollar Plummets, Erasing Election Gains
🗓️ Published: 2025-03-12T15:11:31-04:00
📄 Summary: Despite Bitcoin experiencing a 24% decline from its all-time high, recent analysis by The Kobeissi Letter indicates a notable increase in Bitcoin's strength relative to the US Dollar Index (DXY). This surge comes at a time when the dollar has faced one of its weakest weekly performances in years. CryptoSlate has created a BTC/DXY indicator, which serves as a metric to gauge Bitcoin's resilience amid fluctuating dollar values, potentially signaling a shift in market dynamics.
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https://cryptoslate.com/insights/bitcoin-shows-relative-strength-as-dollar-plummets-erasing-election-gains/
🗞️ Source: CryptoSlate -
💓 #Bitcoin #CryptoMarket #DollarIndex