Source: Coindesk.com
Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November. Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March. June Fed rate cut probability dipped below 50% after the manufacturing data.
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The post "Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High" appeared first here Coindesk.com.
Source: Coindesk.com
