Dollar strength tags one-month lows
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Jun 4
Coming to test support levels throughout the past week has been the strength of the U.S. dollar. After surging to levels not seen since December 2002, the U.S. dollar index (DXY) is finally coming back down to Earth and even challenging its year uptrend. This may still act as a silver lining for risk assets should the trend continue, as inverse correlation has worked in Bitcoin’s favor in particular in the past. “This could just be the start of the bull run of 2022!” an emboldened Crypto Rove...
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