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Dollar Index Hits 99.57 as Fed Rate Hike Bets Mount
U.S. Dollar Index (DXY) climbs to 99.57, reversing recent losses as Fed rate hike expectations rise. Key macro impacts explained.
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Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.