US Dollar Index (DXY) Hits 4-Month Low: What This Could Mean for Bitcoin

The US Dollar Index (DXY) has fallen to a four-month low amid growing speculation of a “yen intervention” by the US and Japan. Analysts warn that the DXY may face further downside pressure. Now, market attention is shifting to what the next policy moves could mean for digital assets. Why Is The US Dollar Index (DXY) Dropping? The US Dollar Index (DXY), which tracks the value of the US dollar against a weighted basket of six major currencies, is coming under mounting pressure in global markets source: https://beincrypto.com/us-dollar-index-dxy-drop-bitcoin-market-impact/