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Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
source:
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2023. Apr. 27. 11:06
The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, hinting at a strong inverse relationship.
Keywords
Markets
news
Bitcoin
Dollar index
Markets
gdp
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