Search results for U.S. dollar index
Crypto
Bitcoin struggles near $64,000 as strong dollar, PCE and oil price swings shape week
Bitcoin is struggling to find direction near $64,000, with a stronger U.S. dollar and upcoming inflation data seen as key drivers this week. The dollar index has moved back above 100, weighing on risk assets. Investors are watching the Fed’s preferred PCE inflation gauge, GDP revisions and jobless claims, as well as a sharp drop in oil after a U.S.-Iran peace deal. Traders are also focused on July seasonality, $60,000 support and short-term holder selling.
Crypto
Bitcoin slips below $64,000 as dollar, ETF outflows raise focus on $62,000 support
Bitcoin fell below $64,000 and slid to around $62,000 intraday after the U.S. Federal Reserve signalled a more hawkish policy path. Risk assets weakened while the dollar index rose to its highest in more than a year, adding pressure on bitcoin. Options positioning ahead of June 26 expiry also weighed. Investors are watching whether $62,000 holds, while U.S.-listed spot bitcoin ETFs have recently posted net outflows.
Crypto
Silver price jumps on weaker dollar, eyes return to $121 record high
Global silver (XAG) prices have risen by about 3 percent on a weaker dollar and a break above a key technical resistance area, drawing attention to whether they can retake the record-high $121 level last seen in January. Analysts link the rebound to a falling U.S. dollar index and fast short-covering in futures. Technically, silver is around $79, above $78 resistance. A break above $90 could open $99 and then $121, while a drop below $78 risks $60 to $64.
