The dollar's back, gold and bitcoin

Coin Bueau states that the return of the United States dollar to power adversely affected gold and bitcoin. Warsh ' s hawks shift brought the probability of an interest rate hike of nearly 50 per cent in September, pushing the DXY index back to the 100-day moving average. The strengthening of the United States dollar meant that the United States dollar was weak in its hedge assets, with gold falling by 3.2 per cent during the Jackson Hole Conference, while bitcoin remained around $78,000 after being sold this week。