FXStrength
Behind the Move The Bigger Picture FX Drivers Strength meter

What is a Bitcoin strength meter?

A Bitcoin strength meter scores BTC against a basket of major currencies — the same way a currency strength meter ranks the fiats. Instead of reading BTC/USD alone, it tells you whether Bitcoin is broadly strong, or just rising because the dollar is weak — and lets you see Bitcoin beside the dollar, yen and gold on one strength scale.

What is a Bitcoin strength meter?

BTC/USD only tells you Bitcoin's story against the dollar. If the dollar is weak everywhere, BTC/USD can rise even on a quiet day for Bitcoin itself. A Bitcoin strength meter fixes that by scoring BTC against the whole basket of majors — USD, EUR, JPY, GBP and the rest — and placing it on the same ranking as the currencies, so you can see Bitcoin's own strength rather than one pair's mix of two stories.

How is BTC strength measured against currencies?

The method mirrors how currency strength is calculated: take Bitcoin's percentage move against each major currency over a chosen window and average them into a single score. The one twist is scale. Bitcoin routinely moves several percent while the biggest fiat move is under one — so putting BTC on the raw fiat scale would peg it at the extreme every day. Instead, a good meter normalises BTC to its own typical volatility, so its 0–10 score reads "how strong is Bitcoin versus its own normal," not against the fiat yardstick.

Why compare Bitcoin to FX majors at all?

Because Bitcoin increasingly trades on the same macro forces as currencies — the dollar, risk sentiment and global liquidity. Seeing BTC on one grid beside the dollar, the yen and gold answers a question a single BTC/USD chart can't: is this a broad risk-on move, or something specific to Bitcoin?

That context is the point. It doesn't tell you to buy — it tells you which story you're actually looking at.

How do I read the BTC score?

Read it like the rest of the meter, with one caveat. A high score means Bitcoin has been strong relative to its own recent range; a low score, weak. Because the score is normalised to BTC's own volatility, a 9/10 for Bitcoin is not directly equivalent to a 9/10 for the US dollar — it means "a strong day for Bitcoin," not "stronger than the dollar in raw percentage terms." Check the direction arrow for whether that strength is building or fading, and the timeframe for whether it's an intraday blip or a weekly trend.

How often does it update, and does it run at weekends?

The read refreshes through the trading day (roughly every 15 minutes). And here's where Bitcoin is different from the fiats: BTC trades 24/7, so when FX markets are closed at the weekend, the Bitcoin strength read is still live — often the only thing moving.

See Bitcoin strength live. FXStrength scores BTC alongside the 8 major currencies, gold and silver, across intraday, daily and weekly timeframes on one grid — and it keeps updating at the weekend when FX is shut. Open the live meter →

How FXStrength scores Bitcoin

FXStrength measures Bitcoin the same way it measures the fiats — BTC's average move against the major currencies — but its 0–10 score is normalised to Bitcoin's own volatility, so a strong BTC day reads near the top for Bitcoin rather than pinned against the currency scale. It sits on the same grid as the 8 majors, gold (XAU) and silver (XAG), across intraday, daily and weekly windows, so you can tell at a glance whether a Bitcoin move is part of a broad risk shift or its own story. None of it is a signal to trade — it organises the evidence so you can judge the move yourself.

Frequently asked questions

What is a Bitcoin strength meter?

A tool that scores Bitcoin against a basket of major currencies, the same way a currency strength meter ranks the fiats. Instead of reading BTC/USD alone — which mixes Bitcoin's story with the dollar's — it isolates Bitcoin's own strength and places it on one scale beside the currencies, gold and silver.

How is Bitcoin strength measured against currencies?

You take BTC's percentage move against each major currency over a chosen window and average them into a single score. Because Bitcoin is far more volatile than the fiats, the 0 to 10 score is normalised to Bitcoin's own typical range, so it reflects how strong Bitcoin is versus its own normal rather than against the currency scale.

Why compare Bitcoin to FX majors?

Because Bitcoin increasingly trades on the same macro forces as currencies — the dollar, risk sentiment and global liquidity. Seeing BTC beside the dollar, yen and gold shows whether a move is a broad risk-on shift or something specific to Bitcoin, which a single BTC/USD chart can't tell you.

How do I read the Bitcoin strength score?

A high score means Bitcoin has been strong relative to its own recent range; a low score, weak. Because it's normalised to Bitcoin's volatility, a 9 out of 10 for BTC is not directly equivalent to a 9 for the dollar — it means a strong day for Bitcoin. Use the direction arrow for momentum and the timeframe for whether it's a blip or a trend.

Does a Bitcoin strength meter work at weekends?

Yes. Bitcoin trades 24/7, so the Bitcoin strength read stays live even when FX markets are closed at the weekend — often the only major market still moving.

Related: the live strength meter · what is a currency strength meter? · what drives each G10 currency.