Bitcoin's 30-Day Correlation With The Dollar Deepens To -0.90, Lowest Since 2022
Bitcoin (BTC) and the US Dollar Index are moving in near-perfect opposition. The 30-day correlation between the two has deepened to -0.90, the most negative reading since 2022. A reading of -1.0 would mean the two assets move in exact opposite directions at all times. What the Number Means A correla