Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
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 CointelegraphRelated market context
One Vanguard job posting could decide how crypto reaches 50 million investors
Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malv...
Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out
The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the most advanced c...
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first cl...
Whale Buying Hints at Bitcoin Bottom After Worst Month Since 2022 — 3 Signals to Watch
Three signals may determine whether bitcoin’s worst month since 2022 marks a bottom, as tighter central bank policy, inflation pre...
Tokenized stock transfers surge 105% in a month to $8B
The surge in tokenized stock transfers highlights a shift towards decentralized finance, potentially democratizing global access t...
Justin Sun’s NFT marketplace managed just four sales last month
Justin Sun’s NFT marketplace, AINFT, and his memecoin platform, Sun Pump, are doing terribly, selling just four NFTs and launching...