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Bitcoin rejects $40K as US dollar strength hits 20-year high

The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin rejects $40K as US dollar strength hits 20-year high

The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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