Part 7/16:
The dollar remains a focal point in market movements. Bitcoin’s price action is becoming increasingly sensitive to the US dollar index (DXY), which has experienced heightened intraday fluctuations. As global uncertainties—ranging from inflation to recession fears—dominate markets, the dollar's inverse relationship with Bitcoin persists. However, there's debate: has the dollar peaked? If so, Bitcoin might gain some relief. Yet, some argue that fiat currencies are heading toward inevitable devaluation, making the dollar’s influence less significant.