Is bitcoin an emerging market currency?

EEM/DXYArca

Description

⋅ Sep 7, 2018 1:48 PM

BTC mimics MSCI Emerging Markets Curr Index / US Dollar Index.
The similarity is visible! Bitcoin price is the green line.

Thanks to my friend @enginsavas for this idea

Comment

⋅ Sep 7, 2018 2:42 PM

See the definition of the indices:
en.wikipedia.org/wiki/Emerging_markets
en.wikipedia.org/wiki/U.S._Dollar_Index

Comments

cen.yalcin

⋅ Sep 7, 2018 1:51 PM

Very interesting.