Bitcoin Faces Selling Pressure as US Dollar Index Hits 18-Month High

Key Facts

1The U.S. Dollar Index (DXY) soared to an 18-month high, intensifying selling pressure on Bitcoin.

2Nearly $140 million in short positions were liquidated following Bitcoin's weekly close above $83,000.

The U.S. Dollar Index (DXY) soared to an 18-month high, intensifying selling pressure on Bitcoin. u.today reported that nearly $140 million in short positions were liquidated following Bitcoin's weekly close above $83,000.

The decline coincides with the greenback reaching its highest point since April 2025, leading traders to aggressively open new bearish positions between $86,000 and $88,000. According to u.today, the surge in the dollar index is creating inverse correlation pressure on risk assets as short positions increase amid low spot demand.