en

Bitcoin Price Outlook as US Dollar Index Hits 4-Year Low, Gold Soars

image
rubric logo Bitcoin
1
like buy 6

Bitcoin price was stuck in a narrow range today, January 27. It was trading at $88,000, down by 10% from its highest point this year. It has underperformed gold, which has pumped to a record high. Also, it has slipped even as the US Dollar Index (DXY) has slumped to a record low.