The index, which tracks the greenback’s value against major fiat currencies, peaked above 110 last week as the European Central Bank rate hike put a floor under the euro, and inflation expectations fell, offering relief to risky assets, including bitcoin. As of press time, the index was trading lower at around 108. www.coindesk.com
The index, which tracks the greenback’s value against major fiat currencies, peaked above 110 last week as the European Central Bank rate hike put a floor under the euro, and inflation expectations fell, offering relief to risky assets, including bitcoin. As of press time, the index was trading lower at around 108.
www.coindesk.com