Strong dollar and high rates cap Bitcoin's recovery
- —Nasdaq 100 futures gained roughly 1% on strong Micron guidance
- —Yen weakened to 158.21 per dollar; October BOJ hike odds fell below 20%
- —A firm dollar and high Treasury yields are capping Bitcoin's upside
- —Friday's US employment report is the week's key catalyst
Why it matters: US macro data will set Bitcoin's near-term direction: a weak jobs report could soften the dollar and support crypto.
Source: Coin Türk