Currencies: $ back on the rise, at BTC's expense?
The dollar index is up 0.4% at 103.75, while the euro is symmetrically down -0.5% at $1.0830.
The dollar is also up +0.4% against the pound and the yen (148.75), and +0.3% against the Swiss franc.
In the absence of statistics, the 'fact of the day' is Bitcoin's continued fall towards $38,600, i.e. exactly -20% since its zenith of $48,000 on January 11 and 12 (date of approval of Bitcoin ETFs by the SEC).
No less than $1.250Bn have been collected on 'BTC' ETFs in 10 days... almost double the capitalization of Bitcoin ($765Bn).
In precious metals, the correction continues on silver with -2% towards $22.2/Oz, the lowest since October 11, 2023.
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