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US dollar strength hits highest since May 2025: Five things to know in Bitcoin this week

The Cointelegraph โ€‹

Cryptocoins News / The Cointelegraph โ€‹ 365 Views

Bitcoin faced a resurgent US dollar index and macro hurdles as it circled $64,000, but July seasonality could spark BTC price relief.

Bitcoin (BTC) treads water around $64,000 to start the week, but market participants see plenty of catalysts coming.

Key points:

The US dollar is on the rebound, and history shows that Bitcoin rarely enjoys a strong DXY.

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