US Dollar Index Breaks Above 100 to 13-Month High, Pressuring Crypto and Stocks

MacroDigital FinanceDigital Finance Impact 4
โดย BeInCrypto·Read original
Summary · why it matters

The US Dollar Index has broken above 100 to its highest level since May 2025, signaling fresh pressure on risk assets heading into summer. The index, which tracks the greenback against six major currencies, closed near 101.17 after clearing resistance between 100.0 and 100.6. A hawkish Federal Reserve held rates at 3.50% to 3.75% on June 17 and hinted at possible hikes, while consumer prices rose 4.2% in May, the hottest reading since April 2023. Bitcoin trades near $62,368, down nearly 3% over 24 hours, and equities have wobbled as investors brace for tighter financial conditions. Speculators have crowded into the dollar, with net long bets spiking toward $28 billion, near the highs of 2024 and 2025, and technical targets point toward 102 and the 103.0 to 103.3 resistance zone.

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