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Glassnode: Bitcoin performs weakly amid a strong rebound of the US dollar
2026-08-01 22:17:02
According to CoinMeta, Glassnode indicates that since May, the US dollar has continued to rise, while Bitcoin's performance has been worse than almost all historical US dollar rebounds. In each US dollar rebound since 2015, Bitcoin's relative strength has been significantly higher. If this relationship reverses, it would be a positive sign.
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This content is for market information only and does not constitute investment advice.
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