Dollar index posts longest winning streak since early 2025
- —DXY has gained over 3% since September 14, its fourth consecutive green week
- —Rising oil prices and higher US yields are fueling dollar demand
- —Higher rates raise the opportunity cost of holding BTC and gold
- —Trump pledged not to strike Iran before the November 3 midterms
Why it matters: A stronger dollar and elevated yields have historically weighed on bitcoin and risk assets, capping upside for the crypto market.
Source: Newsbit