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Bitcoin Faces Aggressive Shorting as Dollar Index Surges

U.Today·October 12, 2026·1 min read
Bitcoin Faces Aggressive Shorting as Dollar Index Surges

Bitcoin faces aggressive shorting as the US Dollar Index surges to an 18-month high. Bearish derivatives activity and a wave of long liquidations add to selling pressure, raising concerns about the cryptocurrency's near-term outlook. The dollar's strength typically weighs on risk assets like Bitcoin.

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