Full record
HitmarketsThe US dollar will continue its uptrend through November 2024, weighing on altcoins
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitmarkets“I do think the dollar will continue its uptrend as we get a little bit further out into November and that will likely be a drag on the altcoin market”
The US dollar will continue its uptrend through November 2024, weighing on altcoins
- Made on
- 2024-11-02
- Outcome
- Hit
- Importance
- 2 / 5
- Effect on score
- +1.51
What counted as right
- Status
- resolved
- Settled on
- 2024-11-30
DXY (US dollar index) trends higher through November 2024
Criterion met: DXY trended higher through November 2024 (up ~1.7% on the month, printing a fresh one-year high). Not assigning an outcome value.
Sources
The Labor Market (and Bitcoin)
YouTube ·
Evidence of what happened
DXY trended higher through November 2024: the index opened the month near 104.3 and rose to a one-year/2024 high, briefly touching ~107 mid-month (a level not seen since Nov 2023), closing the month up roughly +1.7%. Rally attributed to post-election Trump-policy expectations and rising Treasury yields.
US Dollar Index historical price data confirming the November 2024 monthly gain and new 2024 highs.
Corrections
- Quote wording: Transcript full_text reads 'I do think'; restore the dropped word so verbatim matches the pundit's actual words. Immaterial to scoring.
Effect on the score
+1.51- How sure they sounded
- 65%
- Outcome
- Hit
- Importance
- 2 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
The US dollar will continue its uptrend through November 20…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-11-02
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources