Bitcoin price has always been affected by macroeconomic developments along with other major indices such as the S&P 500 Index, NASDAQ 100, and even Gold. However, this time around, the situation might differ slightly as, unlike the rest of the investment options, the cryptocurrency has held its own. Bitcoin price avoids a steep fall: The US Dollar Index is known to impact Bitcoin price along with the stock market and precious metals’ value. Since 2021, the rise in the DXY has resulted in a drawdown in the SPX, Gold and BTC. Following this pattern, the S&P 500 index, along with Gold, noted a decline in their market ... (full story)