Bitcoin, dollar move in near-perfect opposition. It hasn't been this extreme in almost 4 years.

What you need to know for April 24, 2026 What to know : Bitcoin’s 30-day correlation with the U.S. Dollar Index has deepened to -0.90, its most negative level since 2022, meaning bitcoin has been moving sharply in the opposite direction of the dollar. Roughly 81% of bitcoin’s recent short-term price moves are statistically linked to shifts in the index, and the cryptocurrency’s rally has stalled as the dollar has rebounded amid geopolitical and inflation risks. Despite continued inflows into U.S. spot bitcoin ETFs, major investors remain cautious, with SkyBridge’s Anthony Scaramucci suggesting a more meaningful bitcoin recovery may not arrive until later in the year, while ether continues to underperform bitcoin on key technical measures.