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CryptoGlobe
2022-09-27 18:58:42

Bitcoin Drops Below $19K, S&P 500 Falls to new YTD Low, DXY Goes Above 114

Bitcoin Drops Below $19K, S&P 500 Falls to new YTD Low, DXY Goes Above 114

On Tuesday (September 27), as the U.S. Dollar Index (DXY) went above 114 for the second time this week, it once again brought intense sell pressure on risk-on assets such as crypto and stocks. Wikipedia says the U.S. Dollar Index” (DXY)—designed, maintained, and published by ICE (Intercontinental Exchange, Inc.)—is an index (or measure) of the value of […]

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