Bitcoin Holds at $78,000 as Strengthening Dollar Pressures Crypto Market
Bitcoin remains near the $78,000 level, showing a marginal 0.04% decline over the past 24 hours while maintaining a 1% gain for the week. The broader cryptocurrency market faces downward pressure due to a strengthening US dollar and shifting interest rate expectations, with Solana and Dogecoin leading declines at approximately 2%, followed by Hyperliquid and XRP. Ethereum, BNB, Zcash, and TRON remain relatively flat. Meanwhile, the Japanese yen has fallen past the 160 mark against the dollar. Market strategists suggest that further depreciation toward 161 c