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