Bitcoin drops as dollar eyes best 5day run in 14 months on expected rate cut hold Cointelegraph

Image for article Bitcoin drops as dollar eyes best 5day run in 14 months on expected rate cut hold Cointelegraph
News Source : Cointelegraph

News Summary

  • The U
  • S
  • dollar is eying its “best 5-day run” since February 2023
  • Bitcoin has seen a 9% price decrease over the past five days to $63,936
  • The dollar’s strengthening is likely driven by expectations of sustained higher interest rates

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