Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Share
Finbold 2025-06-21 13:46:28

Bitcoin is ‘supporting the dollar rather than acting as a hedge’ – Binance report

Bitcoin is ‘supporting the dollar rather than acting as a hedge’ – Binance report

Bitcoin’s ( BTC ) ability to serve as a hedge against the U.S. dollar is becoming less certain, with data indicating the crypto ‘s movement is aligning with the currency. Specifically, Bitcoin’s correlation with the U.S. Dollar Index (DXY) has surged to 0.25, the highest among major macro assets, marking an increase from May’s 0.15, according to a June 20 report by Binance Research shared with Finbold. Bitcoin correlation with other assets chart. Source: Binance Research Historically, the maiden digital currency has moved opposite to the dollar or remained unaffected. “This rare shift suggests that BTC may currently be reacting to the same liquidity conditions supporting the dollar rather than acting as a hedge against it,” the report noted. Bitcoin’s correlation with macro assets The report also revealed a 0.33 correlation between Bitcoin and 10-year Treasury yields, indicating the cryptocurrency’s potential as an inflation hedge. On the other hand, BTC’s relation with the S&P 500 has dropped to 0.21, signaling a move away from its earlier equity-like trading pattern. Furthermore, Bitcoin’s link to gold remains mildly negative at -0.11. While the precious metal tends to respond to traditional risk sentiment and interest rates, Bitcoin is more influenced by liquidity and speculative flows. “This behaviour suggests that, despite overlapping narratives, Bitcoin and gold have been absorbing macro flows differently — likely driven by Bitcoin’s higher volatility, more speculative positioning, and greater sensitivity to liquidity shifts,” the report stated. Notably, in 2025, as economic uncertainty grew mostly from trade tariffs, gold has rallied as a safe haven, while Bitcoin mostly held firm above the $100,000 mark. Bitcoin price analysis The Binance findings come as Bitcoin faces short-term volatility mainly from geopolitical tensions in the Middle East. Before the escalation, Bitcoin nearly reached $110,000 but has since retraced. By press time, Bitcoin was trading at $103,897, down almost 2% in the last 24 hours and over 3% for the week. Bitcoin seven-day price chart. Source: Finbold Despite the recent price drop, Binance pointed out that demand for the asset remains strong, especially when considering spot BTC exchange-traded funds ( ETFs ). To this end, these products have seen $2.4 billion in net inflows over eight days through June 18, indicating that long-term investors continue to buy the dip. Featured image via Shutterstock The post Bitcoin is ‘supporting the dollar rather than acting as a hedge’ – Binance report appeared first on Finbold .

Most Read News

Moralis Money
Market Cap
24h Vol
63.99%
Bitcoin Share
505
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.