The decoupling phenomenon between Bitcoin and the Dollar Index (DXY) has significantly strengthened recently. According to CoinDesk, the 30-day correlation coefficient between Bitcoin and the Dollar Index (DXY) recorded -0.90, the lowest since September 2022. This means that Bitcoin's tendency to rise when the dollar weakens has become stronger. The outlet stated, "Bitcoin's upward momentum paused after surpassing $79,000. This coincided with the period when DXY rebounded from 97.63 to 98.65."
