Dollar Strength Returns as Crypto’s Biggest Near-Term Headwind

The US dollar climbed to its highest level in two months, raising fresh risks for Bitcoin (BTC) as markets increasingly price in a Federal Reserve interest rate hike later this year. Stronger-than-expected US jobs data lifted the greenback and pushed investors toward cash and bonds. That shift leaves higher-risk assets like crypto facing a steeper The post Dollar Strength Returns as Crypto’s Biggest Near-Term Headwind appeared first on BeInCrypto.