Chart showing inverse correlation between bitcoin and the U.S. 10-year inflation-indexed bond yield. (TradingView) The Fed is likely to raise borrowing costs by 75 basis points later this month, ...

Meanwhile, Bitcoin’s correlation with the tech-heavy Nasdaq Composite reached 0.78 above zero in the same weekly session, data from TradingView shows. BTC/USD and U.S. dollar correlation ...

The usual inverse correlation between oil and the dollar had held fast for most of 2020 and into early 2021 as demand for crude was undermined by the global pandemic.