Sentiment: Positive
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Bitcoin (BTC) Slumps as US Dollar Witnesses Strongest Week Since February Amid Upcoming Debt Ceiling Face-Off
By Conor Devitt at 2026-05-06 18:52
Sentiment: Positive
Bitcoin (BTC) and most of the crypto market witnessed a move to the downside as the US dollar registered its strongest week in months. The US dollar index (DXY) rose 0.6% on Friday and 1.44% in the past 5 days, according to MarketWatch. The DXY also crossed above its 50-day simple moving average (SMA) after […] The post Bitcoin (BTC) Slumps as US Dollar Witnesses Strongest Week Since February Amid Upcoming Debt Ceiling Face-Off appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Trading #BTC #Debt Ceiling #dxy #News #US Dollar Index
Source The Daily Hodl