Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets

The US national debt recently hit a new all-time high (ATH), surging above $36. 5 trillion and putting significant pressure on the US Dollar Index (DXY). As the DXY struggles under the weight of mounting debt, crypto analysts believe capital may soon shift to risk-on assets like Bitcoin (BTC). DXY Breakdown Suggests Bitcoin Rally According to a recent CryptoQuant Quicktake post by contributor Darkfost, the DXY has dropped to a historically weak level, currently trading 6 source: https://www.newsbtc.com/bitcoin-news/bitcoin-rally-ahead-dxy-breakdown-suggests-capital-shift-to-risk-on-assets/