BlockBeats News, February 17 — A survey by Bank of America (BofA) in February shows that investors’ short positions on the US dollar have fallen to their lowest levels since 2012, with dollar allocations at a historic low. Traditionally, a weakening dollar is usually positive for risk assets like Bitcoin, but the report points out that since early 2025, Bitcoin has shown an abnormal positive correlation with the US dollar index, with the 90-day correlation coefficient rising to 0.60 at one point.
Analysis suggests that if this correlation persists, further declines in the dollar may not necessarily benefit Bitcoin and could instead put pressure on it; conversely, if the dollar rebounds due to short covering, Bitcoin may also rise, and market volatility could increase significantly. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tension Builds: Bitcoin Trapped Between $60K Support and $75K Resistance
Bitcoin is back in compression mode on Feb. 17, 2026, trading at $68,021 after probing an intraday range between $67,381 and $69,999. With $36.58 billion in 24-hour volume and a $1.37 trillion market cap, this is not a sleepy tape — it is a market pausing, recalibrating, and daring traders to
Coinpedia25m ago
DDC increases holdings by 80 Bitcoins, total holdings surpass 2000 Bitcoins
DDC Enterprise Limited announces an additional purchase of 80 Bitcoins, bringing the total holdings to 2,068 coins, with an average price of $84,944. This purchase marks the sixth time in six weeks, reflecting Bitcoin's significant role in the company's financial strategy.
GateNewsBot28m ago
Bitcoin Outlook Questioned as Gold Absorbs Market Stress
Veteran analysts express doubts about Bitcoin's value as it failed to serve as a safe haven during market instability, with capital flowing to gold instead. Concerns over lost coins and quantum computing risks further complicate Bitcoin's future outlook.
CryptoFrontNews31m ago
Strategy increased its holdings by 2,486 Bitcoins last week, bringing the total holdings to 717,131 Bitcoins.
ChainCatcher reports that, according to market sources, the company has purchased 2,486 Bitcoins for approximately $168.4 million (at an average price of about $67,710 per coin). As of 2026, the total number of Bitcoins held by Strategy has reached 717,131 coins, with a total investment of approximately $54.52 billion and an average purchase price of about $76,027 per coin.
GateNewsBot32m ago
