Odaily Planet Daily News: Bitcoin prices are approaching $100,000, but André Dragosch, head of European research at Bitwise, warned that a stronger dollar could pose resistance to further gains for Bitcoin. He pointed out that historical data shows that Bitcoin generally performs weaker during periods of dollar appreciation, and an appreciation of the dollar also tends to mean tighter global liquidity, which could have an adverse impact on Bitcoin's short-term trend. In addition, expectations that the Bank of Japan (BoJ) may raise interest rates in December have also sparked market concerns. Analysts believe that expectations of a yen rate hike could lead to pressure to close "yen carry trades," bringing volatility to risky assets including Bitcoin. The recent rise in Tokyo's consumer price index further supports this view, with Bank of Japan Governor Kazuo Ueda saying that Japan's economy is moving toward sustained wage-driven inflation. (TheBlock)

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