Bitcoin’s $40K Breakout Elusive as Fed-Inspired Dollar Drop Loses Steam
The dollar index (DXY), which tracks the greenback's value against major currencies, jumped 0.7% to 103.25, having dropped 0.9% to 102.51 Wednesday. The futures tied to the S&P 500, Wall Street's benchmark index, and the tech-heavy Nasdaq index traded at least 0.5% lower, signaling a weak open following Thursday's surge.
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