Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering U.S.
dollar.Notably, the U.S. dollar index (DXY), which tracks the greenback's performance against a basket of top foreign currencies, has risen 4% from its Feb.
3 low of 100.82, amid anticipations that the Federal Reserve will continue raising benchmark rates to cool inflation.An air of caution remains as fresh U.S.
data shows a recession is not yet imminent. That includes the latest jobless claims, which fell 2,000 to a seasonally adjusted 190,000 in the week ending Feb.Read more on cointelegraph.com