Bitcoin Faces Selling Pressure as US Dollar Index Declines
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币界网报道：Bitcoin faces renewed selling pressure as the Dollar Index (DXY) declines, signaling potential market volatility. Analysts note that BTC's price movement remains inversely correlated with the DXY, which recently dropped to 104.50 amid softer US economic data. Despite the dollar's weakness, Bitcoin failed to sustain gains above $43,000, with traders citing profit-taking and reduced institutional inflows. Meanwhile, Ethereum and altcoins also saw muted performance, reflecting cautious sentiment across crypto markets. Experts suggest macroeconomic factors, including Fed rate cut expectations and global liquidity conditions, will continue influencing crypto asset prices in the near term.
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