The greenback's continued strength could put more downward pressure on crypto, which already suffered with bitcoin losing more than half of its value...
The U.S. dollar’s ongoing strength could put more downward pressure on crypto prices which have already suffered along with other risk assets, as bitcoin lost more than half of its value year-to-date.
For the past few months, the dollar DXY has been rallying to historic levels against its major rivals. “That gives international investors a lot of confidence that the US is going to be the place to be because they’re not going to allow inflation to get out of control,” said Mike Vogelzang, chief investment officer at Captrust.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/JPY Forecast: USD Continues to Build MomentumThe US dollar has rallied ever so slightly during the trading session on Thursday as we continue to attempt to build momentum in the USD/JPY pair.
Les mer »
US Treasury Sanctions Russian Paramilitary Group Crowdfunding Ukraine War With CryptoThe US Treasury Department sanctioned a pro-Russia paramilitary group that solicited crypto donations to help resupply retreating forces, Telegram records show. nikhileshde realDannyNelson report
Les mer »
US dollar shows who's boss, rallies back into bullish territoryThe US dollar rallied on Tuesday against the yen, euro and other currencies following stronger-than-expected US inflation data that rocked US stocks,
Les mer »
Oil prices drift lower as U.S. dollar strengthensOil futures tick lower early Thursday as the U.S. dollar continues to strengthen versus major rivals and investors remain jittery about the demand outlook.
Les mer »