Dollar

Dollar

Markets

Bitcoin holds above $71,000, defying rising dollar, oil and U.S. bond yields

Stronger dollar, rising Treasury yields, and tech equities treading water contrast with bitcoin’s resilience amid geopolitical tensions.

North Sea oil rig.

Markets

Bitcoin Slips Below Key Support as Dollar Strengthens Ahead of Powell Speech

The crypto market retreats after a week of strong ETF inflows, with traders eyeing Powell’s remarks for clues on Fed policy amid data gaps from the government shutdown.

BTCUSD (TradingView)

Markets

U.S. Dollar's Recent Recovery May Have Legs, but Don't Bet on Comeback, Analysts Warn

All things being equal, a stronger U.S. dollar tends to work against higher bitcoin prices.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Markets

U.S. Dollar to Slide Further This Summer, Bank of America Warns

Weakness in the U.S. dollar is widely seen as positive for dollar-denominated assets, such as bitcoin and gold.

Dollar Index. (TradingView)

Markets

Can Bitcoin Benefit From Trump Firing Powell? Turkey's Lira Crisis May Provide Clues

Turkey's President Erdogan's experience with central bank interference serves as a warning, as it led to a currency collapse and increased investment in bitcoin and stablecoins.

Trump is playing with fire. (RonaldPlett/Pixabay)

Markets

With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten

Financial conditions in the U.S. are the loosest since August 2021, providing further tailwinds for crypto.

National Financial Conditions Index (chicagofed.org)

Markets

Trump's New Administration Would Support Strong Dollar, Economic Advisor Says

A potential Trump presidency could bode well for one of BTC's top nemesis, the U.S. dollar.

(engin akyurt/Unsplash)

Policy

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada's central bank has said it is shifting its focus to broader payments system research and policy development.

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Markets

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.

BTC's price chart (CoinDesk)