Bitcoin Faces Pressure as U.S. Dollar Index Nears Major Breakout

Bitcoin (BTC) remains under selling pressure for a third consecutive day as the U.S. Dollar Index (DXY) strengthens and approaches a significant technical breakout. The leading cryptocurrency traded near $63,900, slipping almost 1% over the past 24 hours, while most major digital assets also posted losses. A handful of tokens, including HASH, Stellar (XLM), and Ethena (ENA), outperformed the broader market with gains exceeding 7%. Meanwhile, the U.S. Dollar Index, which measures the value of the dollar against a basket of major global currencies, climbed to 100.66 after extending Wednesdays…  Read more

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