Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs Post author:MiamiCrypto Post published:November 16, 2021 Post category:Bitcoin / BTC price / Consumer Price Index / CPI / Dollar / Dollar Index / Federal Reserve / inflation / interest rates / NFP / Quantitative Easing / Tapering / U.S. dollar / U.S. Jobs / U.S. Retail Sales The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth. You Might Also Like Bitcoin fragments could become more valuable than full Bitcoins May 31, 2023 Bitcoin Faces Sell-Side Storm as Key Metric Hits 2-Year Low November 26, 2025 Ark Invest CEO Cathie Wood Predicts $500,000 Bitcoin Price in 5 Years September 15, 2021