Bitcoin faces fresh pressure as US dollar crushes gold, risk assets - Cointelegraph
7/5/2022 12:00:00 AM2 years 9 months ago
by William Suberg
by William Suberg
BTC price action focuses on $19,000 thanks to U.S. dollar strength, causing Bitcoin analysts to wait for a reversal.
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year … [+3237 chars]
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