U.S. dollar climbs to 18-month high as bitcoin holds firm around $86,000
A stronger dollar and rising bond yields are testing bitcoin’s resilience as fiscal concerns in France and political uncertainty in Spain weigh on the euro.
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Summary
- The DXY reached roughly 102.5 on Monday, an 18-month high.
- The euro fell to a 17-month low against the dollar as Spain’s snap election added to political uncertainty.
- Bitcoin is holding near $86,000 despite tighter financial conditions
