The US Dollar Index (DXY) has fallen below the 106 level for the first time since December 9th last year.
BlockBeats News, March 4th, the US Dollar Index (DXY) fell below the 106 level, for the first time since December 9th last year, with an intraday decline of 0.51%. (FX168)
The weakness before the halving continues to affect the price trend of the cryptocurrency market in the past two days, and Bitcoin is facing huge downward pressure.
Interpret the change of dollar, the macro variable of cryptocurrency price fluctuation, and grasp the trend of cryptocurrency market from the four-wheel drive.
The US Dollar Index and US stocks are expected to face further downward pressure, while Bitcoin and Gold will become the go-to safe haven assets for mainstream funding