Bitcoin risks new lows as US dollar targets highest level since April 2025
Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark new lows across crypto and risk assets.
Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Meanwhile, one trader warned that a strengthening dollar “will send crypto and stocks to new lows.”
Key points:
Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation.