Bitcoin resilience tested as U.S. dollar climbs to 18-month high
A stronger dollar and rising bond yields could be headwinds as fiscal concerns in France and political uncertainty in Spain weigh on the euro.
Source: CoinDesk
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DW NOTE
The dollar is at 102.5, a level it last held in April 2025. Bitcoin is at $86,000, gold has fallen 21.7% from its January peak, and the Strait of Hormuz has been closed for nine days straight. If you think the macro risk is Spain's snap election, you haven't been reading the morning briefing.