Bitcoin price at risk? US Dollar index confirms bullish ‘golden cross’

If financiers choose to offer U.S. Treasuries and hold onto cash, it recommends a looming economic crisis or a significant uptick in inflation as the most likely scenarios.When the current inflation rate is 3.7% and on an upward trajectory, theres little incentive to secure a 4.4% yield, prompting financiers to demand a 4.62% yearly return on 5-year U.S. Treasuries as of Sep. 19, marking the greatest level in 12 years.U.S. Investors expect that the Fed will continue raising interest rates, enabling them to capture higher yields in the future.If financiers do not have confidence in the Feds capability to curb inflation without causing considerable economic harm, a direct link in between a more powerful DXY and reduced need for Bitcoin may not exist. Investors recognize that hoarding cash, even in money market funds, does not guarantee stable purchasing power.More cash in circulation is favorable for Bitcoin priceAs the government continues to raise the financial obligation ceiling, financiers deal with dilution, rendering small returns less significant due to increased money supply.

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