The strong rise of the US dollar is putting pressure on Bitcoin's recovery

NftBankruptcyClub · 2026-02-13T13:10:05+00:00

The recent surge in the U.S. dollar index poses challenges for the cryptocurrency market, especially Bitcoin, which is experiencing selling pressure. A strong dollar typically diminishes the appeal of cryptocurrencies, potentially impacting Bitcoin's current price around $67,170.

NftBankruptcyClub

2026-02-13 13:10:05

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The US dollar index has recorded a significant rise, causing ripples across the entire cryptocurrency market. This strong dollar strengthening trend is increasingly likely to pose a new barrier to Bitcoin’s rebound.

US Dollar Index Achieves Strongest Two-Day Gain in Nine Months

According to data analysis firm NS3, the US dollar index experienced its most powerful two-day increase in the past nine months. This rapid rise over a short period has attracted attention among market participants, raising concerns about its impact on the broader financial markets. When the dollar is strengthening, it typically exerts pressure on emerging markets and commodity markets.

Strong Headwinds for the Cryptocurrency Market

The strengthening of the US dollar creates resistance against cryptocurrencies based on traditional market theories. Major cryptocurrencies, including Bitcoin, often show an inverse correlation with the US dollar. In other words, as the dollar becomes stronger, cryptocurrencies tend to lose their relative appeal. If this strong dollar upward trend continues, the entire crypto sector could face selling pressure.

Current Situation of Bitcoin Price

Currently, Bitcoin (BTC) is priced at $67,170, down 0.89% in the past 24 hours. This decline suggests a correlation with the strong upward trend of the US dollar index. Investors should continue to monitor dollar movements while observing the future developments of the cryptocurrency market.

BTC4,13%

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