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

2coms com for Indians step by step ✌️【Short-Term Contract】✌️₹500 is all it takes to start earning up to 100% monthly. Take control of your financial future!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.

2coms com for Indians step by step ✌️【Short-Term Contract】✌️Start small with ₹500 and get high returns with minimal risk. Perfect for beginners!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.

2coms com for Indians step by step ✌️【Short-Term Contract】✌️Your ₹500 investment can lead to huge returns. Start now and maximize your monthly gains!When the greenback rallies, those with dollar borrowings face higher debt servicing costs and scale-back exposure to risk assets.

2coms com for Indians step by step ✌️【Short-Term Contract】✌️Invest ₹500 and earn up to 100% monthly returns with our safe and reliable platform!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.

2coms com for Indians step by step ✌️【Short-Term Contract】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!The U.S.2coms com for Indians step by step Earn While You Learn: Part-Time Opportunities