
Bitcoin holds near $84K as dollar index hits 18-month high
- —BTC trades near $84,000, up about 2% at the U.S. open
- —DXY hits 102.57, an 18-month high, up 5.5% since Sept. 9
- —KOSPI falls 5.4% on the day and 7.4% over two sessions
- —CryptoQuant: a stronger dollar and tight liquidity are capping BTC
Why it matters: A stronger dollar and rising bond yields are curbing capital flows into risk assets, including bitcoin.
Source: CryptoHamster