DXY Movements During Crypto Bull/Bear Runs
The value of the USD vs other currencies has a tendency to go fall when the crypto market goes up, and gain when the crypto market goes down. This is fairly basic knowledge, but this chart makes it easier to understand.
Obviously, according to this, the DXY will continue to drop for the duration of the bull run - and as crypto grows in the future, we may never see a full recovery in the DXY/USD or any fiat currencies.
The further the DXY drops, essential, the more things cost in the US. Long term, continued drops will not be sustainable.
Obviously, according to this, the DXY will continue to drop for the duration of the bull run - and as crypto grows in the future, we may never see a full recovery in the DXY/USD or any fiat currencies.
The further the DXY drops, essential, the more things cost in the US. Long term, continued drops will not be sustainable.