The US dollar experiences its best month since June, while Bitcoin remains unaffected
2026-09-30 13:52:19
CoinMeta data: The US dollar performed strongly in September, with the US Dollar Index (DXY) rising by nearly 2% and set to record its best month since June. Although a stronger dollar usually puts pressure on Bitcoin (BTC), Bitcoin still rose by 6.14% this month. Analysis indicates that the US Dollar Index reached 101.61 on September 29, its highest level since July. The Fed's hawkish signals also contributed to the strong performance of the dollar, with more interest rate hikes expected in the future. The market is watching the upcoming Personal Consumption Expenditures (PCE) price index and employment report, as these data could affect the trend of Bitcoin.
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Source:BeInCrypto
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