Dollar Index Hits 101.69: Bitcoin (BTC) Retreats Into $83,000–$84,000 Range

The Dollar Index hit 101.69, a two-month high, as Bitcoin pulled back into the $83,000-$84,000 range. Correlation data shows the dollar drives just 17% of BTC's daily variance, suggesting other factors dominate price moves. Traders watch the dollar's strength as a potential headwind for risk assets, though Bitcoin's reaction remains muted relative to historical patterns.