Dollar Rally Weighs on Crypto as BTC Drops Below $83k
Cryptocurrency prices slipped on Thursday as rising yields and a strong dollar weighed on the market.
The largest cryptocurrency, Bitcoin (BTC), dropped as much as 1.6% to $82,882 after reaching above $87,000 earlier in the week.
Ethereum (ETH) followed suit, falling to around $2,628, while smaller coins like XRP, Solana, and Zcash also declined in value.