Dollar Strength Poses Near-Term Risk for Crypto Markets
The U.S. dollar hit a two-month high on strong jobs data, pressuring Bitcoin and other risk assets.
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Original coverage across the crypto market, updated daily.
The U.S. dollar hit a two-month high on strong jobs data, pressuring Bitcoin and other risk assets.
Market expectations for a Fed rate hike have risen to 68% under new Chair Kevin Warsh, putting pressure on Bitcoin and risk assets.

BTC retreated from overnight highs as geopolitical risks weighed on risk assets and pushed oil prices higher.

Bitcoin and other major digital assets retreated from overnight highs as geopolitical tensions lifted oil prices.

Bitcoin and altcoins retreated as a 3% oil jump fueled by Middle East tensions dampened risk appetite.

Bitcoin defends long-term support near $92,630 as Nasdaq's downturn raises questions about correlation.