Significant gains meanwhile looked less likely for crypto markets thanks to the day once more being ruled by the U.S. dollar. 

#crypto #markets 

DXY moves bring yen, euro into focus
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding from lows sparked by a fresh 40-year high for U.S. inflation as per the Consumer Price Index (CPI).

#dxy #data 

Bitcoin fights key trendline near $20K as US dollar index hits new 20-year high
Nothing can keep the U.S. dollar index (DXY) down this year, and concerns over its impact on assets beyond crypto are spreading.

#bitcoin #trendline