📉 $DXY Weakness Could Fuel Dollar-Denominated Assets
The U.S. Dollar Index ($DXY) looks poised to extend its downtrend this summer, potentially opening the door for gains in dollar-denominated assets like $BTC (Bitcoin) and $XAU (Gold). 🌐💰$ACT $SAGA $WBTC
A softer dollar often translates to strength in alternative stores of value — and the charts seem to agree. 📊
Insight via @godbole17
