| Mobile Web

Bitcoin and dollar rise together, raising questions over inverse correlation

Bitcoin and the U.S. dollar have strengthened at the same time, prompting speculation that their traditional inverse correlation may be weakening. Bitcoin rose from about $63,000 in early August to around $87,000 before easing to about $84,600. The dollar index also rebounded, climbing from about 98.40 in early September to above 101.00. Analysts say it is too early to call a structural shift, and the next few weeks will be key.