JPMorgan Reveals Why Bitcoin Price Rally Is Missing Despite Weak Dollar

JPMorgan Reveals Why Bitcoin Price Rally Is Missing Despite Weak Dollar

The weakness in the US dollar has failed to trigger a rally in Bitcoin price, while gold and other hard assets rise further. JPMorgan strategists claim the divergence stems from the short-term dollar’s decline due to sentiment and not monetary policy outlook. Dollar Weakness Driven by Short-Term Factors: JPMorgan The U.S. dollar index (DXY) dropped

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