Bitcoin Falls to $63,900 Over Three Days as U.S. Dollar Index Approaches 100.66 on June 19

BTC0.63%
According to CoinDesk, Bitcoin declined for the third consecutive trading day, with prices hovering near $63,900 on June 19. The U.S. Dollar Index (DXY) rose 0.26% to 100.66, extending gains from the previous session and approaching a breakout above a 13-month consolidation zone. Bitcoin and the dollar index historically exhibit a negative correlation, with a stronger dollar typically pressuring dollar-denominated risk assets.
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