The US Dollar Index closed above its 100-week moving average near 101.03 for the first time since May 2025, creating headwinds for Bitcoin near $62K.

The US dollar index surged to 100.85 as Fed officials signaled potential rate hikes, sending Bitcoin to the low $62,000s and triggering $111M in ETF

The US Dollar Index closed above its 100-week moving average near 101.03 for the first time since May 2025, creating headwinds for Bitcoin near $62K.