Bitcoin Price vs US Dollar Index

Broad trade-weighted US dollar index (proxy for DXY) vs BTC.

This chart compares Bitcoin’s price to a broad trade-weighted US dollar index (a practical proxy for DXY). A rising dollar index typically signals tighter global dollar liquidity and risk-off conditions, which often pressure Bitcoin and other risk assets. Conversely, a weakening dollar can reflect easier financial conditions, frequently associated with stronger BTC performance.

By viewing BTC and the dollar index together, you can see how major bull runs, corrections, and halving cycles line up with periods of USD strength or weakness. Use the duration buttons to zoom into shorter windows or observe longer-term macro cycles.