Mark LancasterDec 15, 2021 · 3 years ago4 answers Are there any cryptocurrencies that are inversely correlated with the DXY index?
Can you recommend any cryptocurrencies that have an inverse correlation with the DXY index? I'm looking for digital assets that tend to move in the opposite direction of the DXY index, which represents the value of the U.S. dollar against a basket of other major currencies. I want to diversify my portfolio and hedge against potential dollar depreciation. What cryptocurrencies should I consider?