BlockBeats news, on May 18, according to market data, the U.S. Dollar Index (DXY) has risen back above 99, reaching its highest level in nearly six weeks, currently trading at 99.18.
Notably, the U.S. Dollar Index last stood above 99 on April 8, when Bitcoin was trading at a low of $71,000—a level that also served as the launchpad for the current rally before it broke out of the prior bottom range.

