DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

by Aurelia Butler 2 December 2022, 21:20 199 Views

To recap, the U.S. dollar’s weight against the basket of top foreign currencies grew by 19.6% in 2022 until late September as investors looked for protection against the impact of a hawkish Federal Reserve and, more recently, the rising energy costs and effect of high inflation.

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Source: Cryptocurrency - investing.com

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DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

U.S. Fed proposes plan for banks to manage climate-linked financial risk

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