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Strengthening US Dollar Could Bring Further Downside for Bitcoin

Strengthening US Dollar Could Bring Further Downside for Bitcoin

The U.S. dollar is showing signs of life and a continued breakout could weigh over bitcoin, which surged amid the greenback’s sharp sell-off this summer. The top cryptocurrency by market value is currently trading at $10,320 — up nearly 2% from Wednesday’s low of $10,140, according to CoinDesk’s Bitcoin Price Index.







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