US Dollar Index (DXY) Hits 2-Month Peak as Fed Holds Rates Steady
The US Dollar Index (DXY) surged to 99.98 points on Wednesday, marking its highest level in two months. This came after the US Federal Reserve decided to maintain the key benchmark interest rates within the 4.25%–4.50% range. Notably, the rise coincided with a drop in Bitcoin’s (BTC) price, reaffirming the inverse correlation between DXY and BTC…
