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kacem
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A strong #US Dollar index doesn't necessarily indicate weakness in Bitcoin. In 2018, after a bear market, Bitcoin and the DXY (Dollar Index) both rose for about 18 months. When the DXY is weak, #Bitcoin 's price tends to surge, while a strong #DXY often marks the end of a bull market. In between bull and bear markets, they can rise together, as currently observed. Whether this trend will continue is uncertain. 📈🤷‍♂️

A strong #US Dollar index doesn't necessarily indicate weakness in Bitcoin. In 2018, after a bear market, Bitcoin and the DXY (Dollar Index) both rose for about 18 months. When the DXY is weak, #Bitcoin 's price tends to surge, while a strong #DXY often marks the end of a bull market. In between bull and bear markets, they can rise together, as currently observed. Whether this trend will continue is uncertain. 📈🤷‍♂️

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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Summarize: A study by Ukraine Economic Outlook suggests that Ukraine’s failure to regulate the cryptocurrency sector caused losses of nearly $49 billion between 2016 and 2022. #crypto is proposed to be taxed for tax revenue, and there is an intention in Ukraine to regulate the sector and tax 5% for individuals and 18% for companies. Previous efforts have faced hurdles, but there are positive signs of adopting EU-inspired regulatory measures.
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