The Dollar Is Having Its Best Month Since June, and Bitcoin Hasn't Blinked Yet

macro

The U.S. dollar is recording its strongest monthly performance since June, yet Bitcoin has remained relatively resilient rather than weakening in tandem. This divergence suggests Bitcoin’s near-term price action is being driven by factors beyond broad dollar movements, including persistent demand and market positioning. If dollar strength continues, it could still create headwinds for Bitcoin, but its muted reaction so far indicates improving relative resilience.

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