A resurgent U.S. dollar index, which has logged its strongest two-day gain in nine months, could arrest potential bitcoin recovery.
Just as bitcoin tries to steady, the dollar index wakes up
A resurgent U.S. dollar index, which has logged its strongest two-day gain in nine months, could arrest potential bitcoin recovery.
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Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.
A higher-than-expected CPI could dampen Fed rate cut bets and weigh on risk assets, including bitcoin.
Clawback refers to tokens that have a feature allowing the issuer to reclaim coins from user wallets under certain conditions.
Bitmine is one of the largest corporate holders of ether, having purchased over 1.7 million ETH, worth just under $8 billion at current prices.