#dollarindexhitshighestsincemay2025
🚨 DXY breaks above 100.40 as the dollar strengthens.
The U.S. Dollar Index is up 0.40% today, marking its second straight green week and its highest level since May 2025.
The move comes alongside a market backdrop showing a still-strong U.S. economy:
📊 Services PMI: 51.3
🏭 Manufacturing PMI: 55.7
📈 Fed hike bets for September: 70%
⚠️ DXY RSI: 73.4, indicating overbought conditions
Crypto is feeling the pressure too:
🔻 $BTC: -3.2%
🔻 $ETH: -4.1%
🔻 $SOL: -5%
With DXY above 100, the dollar is becoming an important factor for risk assets. The next major focus is PCE data on Thursday.
$DXY | $BTC
| $ETH
| $SOL

#DXY #DollarIndex #bitcoin #Ethereum #solana #Fed