Bitcoin holds $86,000 as dollar strengthens and European risks mount
5 Articles
5 Articles
Bitcoin maintained its strong position around $86,000 despite the US dollar reaching its highest levels in the last 18 months, while leading macroeconomic figures assessed possible scenarios for the cryptocurrency market. In a program featuring Michael Howell, Dave Weisberger, and Bloomberg Intelligence senior commodities strategist Mike McGlone, they discussed global liquidity, the monetization of government debt, and Bitcoin's performance agai…
Euro Hits 17-Month Low: Is Bitcoin Holding Up Against a Stronger Dollar?
EUR/USD dropped to $1.1161 while DXY climbed 0.47% to 102.37 on euro weakness. Bitcoin held near $86,463, less than 1.1% below the $87,378 September high. Fed pricing showed a 79.5% chance of no October hike, up from 36% a week earlier. The euro fell to its weakest level since May 2025, lifting the dollar while Bitcoin stayed near late-September resistance. EUR/USDDXYBTC PRICEUS 10-YEAR$1.1161102.37$86,4635.26% France Fiscal Stress and Spain Pol…
While the dollar index rises to a near 18-month peak, Bitcoin is holding on around $86K. The expectation of new interest rate hikes from the Fed and the weakening of the euro supports the dollar. The fact that bond yields in the United States have also reached levels not seen in more than 20 years is affecting investors' preferences. The strong dollar and the pressure of high interest rates on risky assets are being closely watched in the crypto…
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