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Inverse correlation between DXY and Bitcoin
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Crypto Analysts Sound Alarm as US Dollar Index Hits 2-Month High
Yahoo Finance· 2025-10-08 13:11
dxy, us dollar index, bitcoin. Photo by BeInCrypto The US Dollar Index (DXY) has rebounded since the Federal Reserve’s rate cut in September. Even as expectations grow for another rate cut in October, the DXY reached its highest level in two months. This movement seems to contradict what many crypto market analysts had predicted. Why is this happening, and what impact could it have? Why Is the DXY Rising Despite Fed Rate Cuts? Normally, a Fed rate cut signals potential dollar depreciation. Investors oft ...