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Boost sales by using AI to segment customers based on their preferences and behavior ✌️【Recruitment Platform】✌️Invest with confidence using AI insights. Start at ₹500 and watch your wealth grow exponentially.Bitcoin's (BTC) negative correlation with the U.S.

dollar index (DXY) has broken in recent weeks, with the top cryptocurrency struggling to gather upside traction amid continued sell-off in the greenback.

Boost sales by using AI to segment customers based on their preferences and behavior ✌️【Recruitment Platform】✌️Get high returns with just ₹500. Invest today and see your wealth grow!The situation, however, may not last long, per one observer.The dollar index, which gauges the greenback's exchange rate against major global fiat currencies, fell 2.26% last week its worst performance since November.

Boost sales by using AI to segment customers based on their preferences and behavior ✌️【Recruitment Platform】✌️Start with ₹500 and grow your wealth using AI-powered investment strategies.The index dropped below 100.00, hitting the lowest since April last year.Still,bitcoin tradedprimarily between $30,000 and $32,000, extending the multi-week consolidation, even as equities, including meme stocks, rallied."The negative relationship between DXY and BTC is likely to return, as gyrations in the dollar index influence global liquidity conditions, which in turn affect valuations in risk assets, including cryptocurrencies," according to Noelle Acheson, author of Crypto is Macro Now newsletter and former head of research at CoinDesk and Genesis.The dollar is a global reserve currency, playing anoutsized rolein global trade, international debt, and non-bank borrowing.

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Boost sales by using AI to segment customers based on their preferences and behavior ✌️【Recruitment Platform】✌️Start with ₹500 and maximize your monthly earnings with high-yield investments.The weakening of the dollar has the opposite effect."The BTC-DXY relationship will be hard to shake for long, though.

It's not just that the U.S.

dollar is the denominator in the most-quoted pair for the crypto asset (and when the denominator goes down in value, the ratio goes up, all else being equal) – it's also that a weaker dollar boosts global liquidity by giving U.S.

dollar debt holders around the world more room to breathe," Acheson said in Monday's edition of the newsletter.The chart shows debt issued by firms in a currency other than that of their home country from early 2000 to 2022.

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