BTC/USDT Drops Below $71K as the US Dollar Index Strengthens to 99.2

News Editor

2026-06-02 00:00:50

BTC/USDT is trading at $71,000 with a 24-hour decline of 3.68%, while the US Dollar Index rose 0.3% to 99.2. Major currencies weakened against the dollar, with EUR/USD falling to 1.1631 and GBP/USD to 1.3458.

BitcoinUS Dollar IndexForexBTCUSD

According to Gate market data, BTC/USDT is currently at $71,000, marking a 24-hour decline of 3.68%. Concurrently, the US Dollar Index (DXY) advanced 0.3% and settled at 99.2 at the close of the New York forex session.

In late New York trading, the euro fell to $1.1631 from $1.1664 in the previous session, and the British pound slipped to $1.3458 from $1.3461. The dollar strengthened against the yen to 159.76 (vs. 159.26), the Swiss franc to 0.7864 (vs. 0.7811), the Canadian dollar to 1.3842 (vs. 1.3797), and the Swedish krona to 9.3059 (vs. 9.2338).

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

100

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.