Dollar continues to strengthen. The jump in the dollar occurred last Friday after the Fed published data on the decline in unemployment.
In addition, the regulator hinted it is ready to raise the discount rate again to keep inflation in check. The dollar index on Monday, October 10, strengthened to 113.13 points, which is the maximum value since the beginning of April this year.
Gold and digital currencies, on the contrary, are getting cheaper. Stock markets in Asia and Europe also sank today.
The correlation between Bitcoin and gold is getting stronger.
According to the Kaiko platform, the interdependence of the precious metal and BTC has risen to its highest level in 2022.
