Inverse Correlation Between BTC and US Dollar

2022년 7월 29일

Economic narratives and dialogues covering crypto and traditional market trends have discussed the hypothesis of inverse correlation between Bitcoin and the US Dollar. As the world’s largest cryptocurrency was created with the vision of decentralized substitution for centralized fiat currencies, we have seen the hypothesis becoming true in the past couple of days. As reflected in the chart, BTC is definitely thriving on a weaker dollar.