Another headwind for Bitcoin could be the U.S. dollar, which recently reached its highest level in more than a month. Bitcoin has always maintained an inverse relationship with the DXY Dollar index.
"At least in the short to medium term, Bitcoin's fortunes might still be tied to other long-duration growth assets such as technology stocks, Jamie Douglas Coutts," a Bloomberg Intelligence analyst noted. During Friday's sell-off, Bitcoin fell to a low of $20,782, shedding more than 11% as a result of risk aversion in global markets brought on by concerns over the Federal Reserve's tightening monetary policy.Will the weakness in the Bitcoin price continue?
So everybody's making free money off the uniswap bug and you won't mention it?.
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