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Bitcoin rises above $51K as the dollar flexes muscles against the euro
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Bitcoin (BTC) regained its bullish strength after reclaiming $50,000 last week and continued to hold the psychological level as support on Dec. 27. Meanwhile, its rival for the top safe-haven spot, the U.S. dollar, also bounced off a critical price floor, hinting that it would continue rallying through into 2022.
The U.S. dollar index (DXY), which measures the greenback's strength against a basket of top foreign currencies, has been trending towards the apex of a "symmetrical triangle" pattern on
Read more on cointelegraph.comAbout this in other media
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