Bitcoin Declines Further as the Fed Shifts Policy

Bitcoin continued to fall sharply over the past 24 hours, as the Fed's policies impacted the value of the US dollar (DXY).

Azcnews Bitcoin Declines Further As The Fed Shifts Policy

Bitcoin plunged to a low of $92,500 yesterday, triggering a massive wave of liquidations in the cryptocurrency market.

The digital currency recorded a new low for 2025 as Treasury yields surged and the US dollar index (DXY) hit a record high, reflecting investor concerns about the Federal Reserve’s monetary policy.

DXY started the week down 0.92%, after which Bitcoin suddenly jumped to $102,000. However, DXY quickly reversed course and peaked at 109.37 – its highest level since November 2022. The rise in DXY put a lot of pressure on Bitcoin, causing the value of the digital currency to decline. Analysts are concerned that yield curve control could become the focus of attention in the market again.