Bitcoins late-week sell-off appears to have been driven less by crypto-specific developments and more by renewed strength in the U.S. dollar, highlighting the growing macroeconomic influence on digital asset prices. After a familiar weekend dip, bitcoin had actually been trending higher earlier in the week, supported by a sharp decline in the U.S. dollar index (DXY), which often moves inversely to risk assets like cryptocurrencies, equities, and commodities.