[BofA Survey: Dollar Short Positions Drop to Lowest Level Since 2012, Bitcoin Shows Unusual Positive Correlation with the Dollar] BlockBeats News, February 17: A February survey by Bank of America (BofA) revealed that investors' short positions on the U.S. dollar have fallen to their lowest level since 2012, with dollar allocation at historically underweight levels. Traditionally, a weaker dollar tends to benefit risk assets like Bitcoin. However, the report noted that since early 2025, Bitcoin has shown an unusual positive correlation with the U.S. Dollar Index, with the 90-day correlation coefficient once rising to 0.60. Analysts believe that if this correlation persists, further declines in the dollar may not necessarily benefit Bitcoin and could instead put pressure on it. Conversely, if the dollar rebounds due to short covering, Bitcoin may rise alongside it, potentially leading to significant market volatility. (CoinDesk)