Bloomberg Dollar Spot Index falls 1.2% in five days to near 1,208. Historical data shows dollar weakness often precedes major Bitcoin rallies.

Bloomberg Dollar Spot Index falls 1.2% in five days to near 1,208. Historical data shows dollar weakness often precedes major Bitcoin rallies.

Traders boosted their bullish dollar bets ahead of the Fed meeting, turning the most upbeat since 2014 as of Tuesday, according to Commodity Futures Trading Commission data…