Bitcoin fell for the third straight day on Friday as lingering geopolitical tensions and rising oil prices pushed the U.S. dollar higher.
The leading cryptocurrency by market value was trading at $41,400 during the early European session, representing a 2.5% drop on the day. Sellers regained dominance after the cryptocurrency failed to establish a foothold above $45,000 earlier this week.
The dollar index, which tracks the greenback's value against majors, jumped to 98.08, the highest since June 2020, according to a chart provided by TradingView. read more
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