🟠LATEST: Bitcoin hit a 12-week low as expectations of higher U.S. interest rates fueled a dollar rally.
#BTC slipped below $70,000 Friday while the dollar index reached its highest level since April 2025.
Markets don't wait for the Fed to act. Expectations alone can lift the dollar and bond yields, putting pressure on demand for assets like #bitcoin .
A softer rate outlook could help ease that pressure, but for now, the dollar rally is another hurdle for crypto.
#BTC slipped below $70,000 Friday while the dollar index reached its highest level since April 2025.
Markets don't wait for the Fed to act. Expectations alone can lift the dollar and bond yields, putting pressure on demand for assets like #bitcoin .
A softer rate outlook could help ease that pressure, but for now, the dollar rally is another hurdle for crypto.
