@painterDaniel on DXY | PriceONN Community
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Hey everyone, I'm trying to understand how the DXY's movements correlate with other markets, particularly crypto. If the DXY continues its bullish trend, what are the potential implications for Bitcoin and Ethereum? Does a stronger dollar generally lead to a decrease in crypto values, or is it more nuanced than that? I'm also wondering how economic data releases, like inflation reports, might affect the DXY and, consequently, the crypto market. Any insights or resources you could share would be greatly appreciated. I'm trying to build a more holistic understanding of the market dynamics. Thnx!