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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout

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The Dollar Index (DXY) is on the verge of a significant upward breakout, a development closely watched by market participants. A strong DXY is often considered a negative factor for Bitcoin, as it can reduce the appeal of dollar-denominated risk assets like cryptocurrencies.…

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