Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why?

Bitcoin (BTC) has fallen 12% since March 2, when it nearly reached $94,000. Interestingly, during the same period, the US dollar weakened against a basket of foreign currencies, which is usually seen as a positive sign for scarce assets like BTC.

Investors are now puzzled as to why Bitcoin hasn’t reacted positively to the declining DXY and what could be the next factor to trigger a decoupling from this trend.

US Dollar Index (DXY, left) vs. Bitcoin/USD (right). Source: TradingView / Cointelegraph

Up to mid-2024, the US Dollar Index (DXY) had an inverse relationship with Bitcoin’s price, meaning the cryptocurrency often rose when the dollar weakened. During that time, Bitcoin was widely viewed as a hedge against inflation, thanks to its lack of correlation with the stock market and its fixed monetary policy, similar to digital gold.

However, correlation does not imply causation, and the past eight months

Read More at https://cointelegraph.com/news/bitcoin-price-fails-to-go-parabolic-as-the-us-dollar-index-dxy-falls-why?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why?

Bitcoin (BTC) has fallen 12% since March 2, when it nearly reached $94,000. Interestingly, during the same period, the US dollar weakened against a basket of foreign currencies, which is usually seen as a positive sign for scarce assets like BTC.

Investors are now puzzled as to why Bitcoin hasn’t reacted positively to the declining DXY and what could be the next factor to trigger a decoupling from this trend.

US Dollar Index (DXY, left) vs. Bitcoin/USD (right). Source: TradingView / Cointelegraph

Up to mid-2024, the US Dollar Index (DXY) had an inverse relationship with Bitcoin’s price, meaning the cryptocurrency often rose when the dollar weakened. During that time, Bitcoin was widely viewed as a hedge against inflation, thanks to its lack of correlation with the stock market and its fixed monetary policy, similar to digital gold.

However, correlation does not imply causation, and the past eight months

Read More at https://cointelegraph.com/news/bitcoin-price-fails-to-go-parabolic-as-the-us-dollar-index-dxy-falls-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742299378993&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742284683293&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742281287778&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742277644138&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742248965663&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025. 

Despite being one of the largest cryptocurrencies by market capitalization and holding the dominant spot as the leader in Web3 and DeFi, many analysts believe that ETH’s price prospects remain grim in the short term. 

Crypto analyst and chartered market technician Askel Kibar warned traders against assuming that ETH price trades at a discount simply based on how far off it is from its average trading price. 

On X, Kibar explained that “bottom reversals take time” given that “ all that supply needs to be accumulated.” 

ETH/USD daily chart. Source: X / Aksel Kibar

Referring to the chart above, Kibar said, 

“Those of you that want to see ETH outperform BTC need to see similar price action to

Read More at https://cointelegraph.com/news/standard-chartered-drops-2025-eth-price-estimate-by-60-to-4-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

NymVPN launches fully decentralized VPN amid privacy crackdown

Privacy protocol Nym has launched NymVPN, which it describes as the “world’s most secure VPN” and says will help protect users from government, corporate and AI surveillance.

The release comes amid an increasingly hostile global environment for privacy-focused products — one that is seeing governments crack down on privacy projects and demand backdoors to encryption.

The decentralized VPN, which launched on March 13, uses the Nym protocol’s “mixnet” to keep users fully anonymous and ensure no metadata can be linked to any specific user, according to a press release shared with Cointelegraph.

Halpin and Nym security adviser Chelsea Manning sat down with Jonathan DeYoung, co-host of Cointelegraph’s The Agenda podcast, to discuss the release, the importance of privacy and how Nym plans to navigate what seems to be an increasingly precarious privacy space.

How NymVPN’s mixnet works

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Read More at https://cointelegraph.com/news/nym-vpn-launches-fully-decentralized-vpn-amid-privacy-crackdown?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742299378993&utm_campaign=rss_partner_inbound