US dollar hits two-month high amid Fed rate hike speculation

The June 2026 crypto crash had four causes, not one: a hawkish Fed, US-Iran strikes, Saylor's Bitcoin sale, and record ETF outflows. The full anatomy.

Following the Bitcoin price crash below $60,000, Ethereum followed suit, dropping toward $1,500 in the same candle. This move triggered a development that has not happened in a long time, as ETH lost its second-place position in the top 10 cryptocurrencies by market cap. Tether’s USDT Coming For Ethereum’s Crown For the longest time, Ethereum […]

Dogecoin started a recovery wave above the $0.0820 zone against the US Dollar. DOGE is now facing hurdles near $0.090 and might struggle to continue higher. DOGE price started a recovery wave from $0.0775 and climbed above $0.0820. The price is trading below the $0.0820 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.0820 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.090. Dogecoin Price Faces Resistance Dogecoin price started a recovery wave from the $0.0775 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.080 and $0.0820 resistance levels. There was a break above a bearish trend line with resistance at $0.0820 on the hourly chart of the DOGE/USD pair. There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1008 swing high to the $0.0776 low. Dogecoin price is now trading above the $0.08

Rising rate hike expectations could shift investment from volatile assets to safer options, impacting crypto and high-volatility markets. The post US jobs report fuels bets on Federal Reserve rate hike in 2026 appeared first on Crypto Briefing.

The escalation heightens geopolitical tensions, impacting global markets and crypto volatility, while complicating peace negotiations and oil flow. The post US military strikes Iranian drones and radar sites amid ceasefire tensions appeared first on Crypto Briefing.

Revised bank capital rules could lower barriers for institutional Bitcoin adoption, potentially reshaping the financial landscape. The post GOP senators urge Fed, FDIC, OCC to revise bank capital rules for Bitcoin appeared first on Crypto Briefing.

Despite job growth, rising long-term unemployment and sector-specific gains highlight economic disparities and challenge Fed's rate decisions. The post US labor market adds 172,000 jobs in May, but job seekers face longer unemployment appeared first on Crypto Briefing.

The selloff highlights the vulnerability of risk assets to interest rate expectations, complicating the Fed's policy decisions amid strong job data. The post NASDAQ posts biggest point drop on record as S&P 500 sheds $1.8T in brutal selloff appeared first on Crypto Briefing.