Bitcoin’s Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data

“The market eyes growth at 2% – shouldn’t move markets too intently given the backward nature of the data point – would need to be a big beat/miss to the move rates expectations and the USD, gold, Nasdaq,” Chris Weston, head of research at Pepperstone, said in a tweet.

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• Source: https://www.coindesk.com/markets/2023/04/27/bitcoins-negative-correlation-with-dollar-index-strengthens-ahead-of-us-gdp/?utm_medium=referral&utm_source=rss&utm_campaign=headlines