
Bitcoin Falls to $84,061 as Dollar Index Hits 8-Week High on Fed Hike Bets
- —BTC fell 2.7% to $84,061, losing the $85,000 support
- —DXY hit 101.231, its highest since July 29, up 2.5% from September 9
- —65% of traders expect a 25 bps Fed hike in October
- —Crypto market liquidations totaled $513 million
Why it matters: Rising rates and a stronger dollar pressure risk assets; holding $80,000 will shape BTC's next move.
Source: CoinGape