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Bitcoin's dollar correlation hits -0.90 — most extreme inverse link since 2022, and the macro headwinds aren't clearing!
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Bitcoin's dollar correlation hits -0.90 — most extreme inverse link since 2022, and the macro headwinds aren't clearing!

Bitcoin's 30-day correlation with the U.S. Dollar Index has deepened to -0.90, the most negative reading…determination sits at 0.81, meaning roughly 81% of bitcoin's short-term price moves are statistically tied

CoinDesk