Against the backdrop of a stronger US dollar, Bitcoin's relative strength has increased by 8.5%
2026-10-08 11:24:05
According to CoinMeta, since the end of August, the US dollar has strengthened against the backdrop of increasingly hawkish interest rate expectations. As one of the most liquid and interest rate-sensitive macro assets, gold has fallen by about 12%, while tech stocks have maintained their resilience despite the macroeconomic headwinds. Against this backdrop, the relative strength of Bitcoin has increased by about 8.5%. The specific figures are as follows: the US Dollar Index has risen by 2.5%, gold has fallen by 11.5%, and the Nasdaq has risen by 5.5%.
Source:X
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated

Hot Articles
Refresh

Ethereum October 2026 Outlook: $5,000 or $2,500?
1h ago

Bitcoin October 2026 Outlook: Can the 19% Historical Gain Hold?
09-30 12:57

Dogecoin Price: Whales Buy $112M, Can DOGE Break $0.10?
09-29 12:48

What is Solidigm? Is Its $150B IPO Valuation a Bubble?
09-28 13:00

Is PAXG Stable? Is Gold-Backed Better Than Stablecoins?
09-24 18:04



