US Dollar Index surpasses 101, hitting highest level since May 2025

The U.S. Dollar Index (DXY) has surpassed the 101 mark, reaching its highest level since May 2025, according to CoinNess market data. The index measures the value of the U.S. dollar against a basket of six major world currencies. Bitcoin and the DXY tend to have an inverse correlation. Meanwhile, BTC is currently trading at $62,562, down 1.92%, according to CoinMarketCap.