Thursday, July 6, 2023

Bitcoin's Correlation With The USD

 


Bitcoin is usually negatively correlated with the USD exchange rate with other leading 💲💵 currencies.


Year to date, with interruptions, this seems to be the case. Sooner, rather tha later this Bitcoin/USD correlation will break down.

Bitcoin is at the moment, along the edges rivalling the USD.

Soon Bitcoin will take a larger market share from the United States Dollar is Wolfteam Ltd.'s corporate opinion.

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