markets·7d ago
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.