#CryptoRoundTableRemarks
Bitcoin and the Dollar Index: A New Price Indicator?
A Surprising Correlation Since 2015
Since early 2015, Bitcoin has shown a growing correlation with two key U.S. economic indicators: the Consumer Price Index (CPI) and the Dollar Index (DXY). This link suggests that Bitcoin is increasingly influenced by inflation and dollar strength—two forces at the heart of global macroeconomics.
---
The Formula: CPI / DXY × 100
Analysts observed that Bitcoin's price closely mirrors the trend of this formula:
> Bitcoin ≈ (CPI / DXY) × 100
The logic is simple: when inflation rises (CPI up) or the dollar weakens (DXY down), the formula increases—often alongside Bitcoin's price. This points to Bitcoin acting as a hedge against inflation and currency devaluation.