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US stock marketsCoinGape
•Business
Business & Economics
56% Informative
US Dollar Index ( DXY ) has crashed 8% in the past 80 days , dropping from a high of 110.176 to 101.267 .
In the same period, Bitcoin price has shed 13% .
A weak US dollar could promote risk-on behavior, allowing the crypto market to rally.
Top trader CarpeNoctom says the recent crash from 103 to 101 should see crypto markets rally.
The two key Bitcoin price levels to watch include $ 80 K and $ 90K.
VR Score
31
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15
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17
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formal
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English
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31
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short-lived
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5
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3
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