Cryptocurrency CoinDesk 6d ago

Anatomy of bitcoin's plunge this week: The dollar's bottom was BTC's top

Market Intelligence Analysis

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Why This Matters

The recent surge in the US dollar has led to a decline in Bitcoin's price, with Bitcoin falling from nearly $91,000 to a lower value, indicating a negative correlation between the two assets.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

It seems like ages ago, but bitcoin rose to just shy of $91,000 on Wednesday. Then the U.S. dollar started to strengthen.

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Original article published by CoinDesk on January 30, 2026.
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