Daan Crypto Trades|Jul 08, 2026 16:03
BTC The Dollar Index (DXY) broke above 100 for the first time since May 2025.
Historically this has been a headwind for BTC and risk assets in general. Strong dollar means less liquidity flowing into risk on assets and tends to correlate with weaker crypto performance.
Regardless of all that, BTC still managed to hold on to the $60K region at the same time there's a lot of Strategy fear and ETF outflows.
So environment = not ideal.
But price action = not too bad.
Worth watching exactly because of that.(Daan Crypto Trades)
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