This is a summary of links featured on Quantocracy on Tuesday, 08/10/2021. To see our most recent links, visit the Quant Mashup. Read on readers!
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Valuing Bitcoin using USD Index [Recession Alert]Of the dozen indicators and metrics we have researched, the fortunes of the US Trade-Weighted U.S Dollar Index (TWDI) has the biggest impact on Bitcoin USD prices. When the TWDI depreciates, this boosts Bitcoin prices strongly. When the TWDI becomes stronger, Bitcoin prices face significant headwinds. The TWDI is a weekly index created by the U.S Federal Reserve to measure value of the U.S.