U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?

2022.05.26 13:16

U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?

The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105.

Dollar’s correction in the last two weeks preceded twelve months of relentless buying.

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