Bitcoin Faces Aggressive Shorting as Dollar Index Hits 18-Month High
- —DXY tops 102.50, highest since April 2025
- —BTC at $82,490: down 1.62% daily and 4.61% weekly
- —Bitcoin liquidations hit $54.76M in 24 hours, 79% longs
- —BTC futures open interest at $52.25B on $43.55B volume
Why it matters: A rising dollar and hawkish Fed rhetoric are pressuring Bitcoin; Wednesday's U.S. CPI print is the next key catalyst.
Source: U.Today