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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 947.7K followers
Created: 2025-07-14 04:41:59 UTC

Does it get any more obvious than this?

Take a look at the YTD performance of Bitcoin and the US Dollar Index, $DXY.

There were two distinct points of divergence:

April 9th after the 90-day tariff pause and July 1st as the "Big Beautiful Bill" was passed.

It's beyond clear.

![](https://pbs.twimg.com/media/GvykdwIWoAEQqz1.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944618355148611940/c:line.svg)

**Related Topics**
[tariffs](/topic/tariffs)
[$dxy](/topic/$dxy)
[money](/topic/money)
[united states dollar](/topic/united-states-dollar)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/KobeissiLetter/status/1944618355148611940)