The US Dollar Index DXY climbed above 101 to its highest level since May 2025 as bullish dollar positioning reached its strongest level since 2018, a backdrop watched for pressure on crypto and other risk assets.
Bullish positioning on the US dollar has climbed to its highest level since 2018, while the US Dollar Index DXY rose above 101 to its highest level since May 2025, according to Crypto Briefing and Gate data cited by Odaily Planet Daily. The move reflects expectations for Federal Reserve rate hikes and is being closely watched because a stronger dollar can tighten financial conditions, influence global liquidity and weigh on risk-sensitive assets including cryptocurrencies.