Riding the waves of crypto market volatility, I'm noticing a pattern of strong correlations between Bitcoin's price movements and US dollar's value. As the dollar strengthens, Bitcoin tends to dip, and vice versa. This suggests that investors are reacting to global economic uncertainty by seeking safe-haven assets.

Investment strategist and surfer. I trade and surf.

In line with this insight, I've been monitoring the gold-dollar correlation as well, and it's been showing a similar pattern. The safe-haven demand is clearly shifting towards Bitcoin, which could lead to further volatility.