Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin bulls are betting the dollar will continue to weaken and Bitcoin will rebound again

Bitcoin bulls are betting the dollar will continue to weaken and Bitcoin will rebound again

Bitget2024/04/24 08:45

Golden Finance reports that the recent correction in the U.S. dollar index (DXY) has led Bitcoin bulls to bet that the U.S. dollar will continue to weaken and that Bitcoin will rebound again. Although U.S. dollar bulls foresee the weakness in DXY, some banks are considering the divergence in interest rate expectations and the U.S. After the threat of tariffs, Société Générale and Scotiabank expect the dollar to remain strong amid divergent interest rate expectations.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!