Wall Street sends BTC price to $30.8K as latest US dollar uptick fails

Cointelegraph

Published Jun 08, 2022 10:20AM ET

Updated Jun 09, 2022 12:40PM ET

Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping to near $30,850 after the opening bell, helping claw back some of the ground lost in an overnight correction.

U.S. dollar index (DXY) 1-hour candle chart. Source: TradingView
BTC/JPY 1-day candle chart (Bitflyer). Source: TradingView

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