Bitcoin Bull Run Ahead? DXY Drop Signals 2017-Style Surge

The post Bitcoin Bull Run Ahead? DXY Drop Signals 2017-Style Surge appeared first on Coinpedia Fintech News

In the last three days, the US Dollar Index, or DXY, which measures the US dollar’s value against a basket of six major currencies, has dropped from above 107 to around 105. Meanwhile, in the last 24 hours, the Bitcoin price has showcased an impressive surge of 7.7%. There are reasons to assume that the …