Dollar Index DXY Rises to 99 for the First Time Since Early August
BlockBeats News, October 9th, the US Dollar Index (DXY) rose to touch 99, hitting its highest level since early August, with a 0.42% intraday gain. (Golden Finance)
The weakness before the halving continues to affect the price trend of the cryptocurrency market in the past two days, and Bitcoin is facing huge downward pressure.
Interpret the change of dollar, the macro variable of cryptocurrency price fluctuation, and grasp the trend of cryptocurrency market from the four-wheel drive.
The US Dollar Index and US stocks are expected to face further downward pressure, while Bitcoin and Gold will become the go-to safe haven assets for mainstream funding