Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally

Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally

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Source: Coindesk.com

The Dollar Index's (DXY) recent pullback has crypto traders betting on a continued weakness in the greenback and a renewed bitcoin rally. Societe Generale and Scotiabank expect the dollar to remain firm due to divergent interest rate expectations. Barclays said a potential escalation of trade war between the U.S. and China could bode well for

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The post "Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally" appeared first here Coindesk.com.

Source: Coindesk.com

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