USD reaches 23-month highs while the Russian ruble joins in on the surprise gains.
Bitcoin (BTC) neared new price lows for April on April 8’s Wall Street open amid a fresh surge in the U.S. dollar.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$43,000 hangs in the balanceData from Cointelegraph Markets Pro and TradingView captured another day of gloom for BTC bulls as the largest cryptocurrency slipped back under $43,000.In a classic move, BTC/USD reacted unfavorably to a resurgent dollar, with the U.S. dollar currency index (DXY) returning above 100 for the first time since May 2020.Coming on the back of tightening measures from the Federal Reserve, the greenback also spelled a headache for stocks, which opened down on the day.U.S. dollar currency index (DXY) 1-week candle chart. Source: TradingViewWhile some considered the DXY event a temporary show of strength, its impact on crypto markets was clear to see, e
We współpracy z: https://cointelegraph.com/news/bitcoin-plumbs-april-lows-as-us-dollar-strength-hits-highest-since-may-2020
