Crypto Update | Bitcoin’s Dollar Correlation Wanes, DeSantis Says ‘Not Happening’ to CBDCs

Bitcoin's negative correlation with the U.S. dollar index (DXY) is an indicator to watch before the Fed’s upcoming meeting. Today's episode is sponsored by Kraken Pro. Today's Stories: Ron DeSantis Promises to Ban CBDCs if Elected President Florida Governor Ron DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’ Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg Markets Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  Monday, July 17, 2023 - by Noelle Acheson Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst - From our sponsors: Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto. It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface. Head to pro.kraken.com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax. - This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.