Bitcoin Price Falls. Why a Rising Dollar Is a Threat to the Crypto.
1. Bitcoin dropped 1.4%, now at $122,494, from recent highs. 2. S&P Digital Markets 50 index launched for broader digital asset exposure. 3. Smaller cryptocurrencies like Ether and XRP also declined. 4. Dollar strengthened, potentially impacting crypto prices. 5. Gold reached record highs, benefiting from the debasement trade.