US Dollar Index Rises, Impacting Cryptocurrency Market

2 mins mins

Key Points:

The US Dollar Index increased by 1.00%, impacting cryptocurrencies.
This move pressured Bitcoin and Ethereum prices downward.
Fed’s rate decision aligned with expectations, causing market fluctuations.

The US Dollar Index (DXY) surged by 1.00% to 96.72 on January 29 during a stable Federal Reserve session, impacting commodities like silver, which rose to $22.42 per ounce.

The DXY increase pressures dollar-denominated assets like Bitcoin and Ethereum, while silver’s rise indicates possible market shifts amid anticipated U.S. economic conditions.

Historical Patterns Show Dollar’s Effect on Bitcoin

Did you know?
In previous cases, Federal Reserve policies and a strong US Dollar Index have historically pressured Bitcoin, often triggering significant market corrections.

Bitcoin is currently valued at $89,090.47 with a market cap of $1.78 trillion and a market dominance of 58.94%. Trading volume over 24 hours reached $40.73 billion, reflecting a 7.32% change. Recent price movements include a 0.20% drop over the last 24 hours. (CoinMarketCap)

BingX offers exclusive rewards and top-tier security for new and high-volume crypto traders.

“A strengthening DXY generally pressures dollar-denominated assets like Bitcoin and Ethereum.” – Macro Analyst

The Coincu Research Team’s Insights

Did you know? Insert a historical or comparative fact related to this topic.

The Coincu research team suggests that ongoing financial conditions may influence cryptocurrency regulation and technological advancements. Analysis shows market adjustments aligning with historic trends, potentially affecting investor strategies.

bitcoin-daily-chart-5933 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 22:39 UTC on January 28, 2026. *Source: CoinMarketCap*

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Liam Zhang

28 January 2026, 22:43:48 GMT +0000

Researcher Blockchain Journalism SEO Writing Web3 Analysis

Liam Zhang is a cryptocurrency researcher with over 8 years of experience in blockchain reporting, digital currency education, and crypto content strategy. He breaks down complex topics like trading volumes, stablecoins, and token flows into simple, useful content. At Coincu.com, he shares clear, SEO-friendly guides and market updates for both new and experienced crypto readers.

"I believe in simplifying the complexities of crypto to empower readers and builders in the Web3 space."

Gender: Male
Date of Birth: March 15, 1988
Place of Birth: Shanghai, China
Company: Coincu
Website: Coincu.com
Email: liamzhang777@gmail.com

Experience

Over 8 years in blockchain journalism and crypto content creation
Specializes in crafting SEO-optimized articles and breaking alpha stories
Contributed to major platforms like Binance Academy and NeoBlockchain Insights

Background

2013–2016: Content Creator at LocalCrypto Blog
2016–2018: Lead Blockchain Content Writer at NeoBlockchain Insights
2018–2023: Crypto Editor at Binance Academy
Current: Content Strategist at Coincu.com

Achievements

Built educational resources that reached millions of readers globally
Known for demystifying DeFi, NFTs, and layer-1 ecosystems
Recognized as a thought leader in Asian crypto media

Work Style

Research-driven
Detail-oriented
Creative communicator
Community-focused

Skills

SEO Writing
Blockchain Analysis
Crypto Storytelling
Social Media Engagement
Research
Analyst

Additional Information

Liam Zhang regularly simplifies complex crypto concepts for beginners
He is a frequent contributor to crypto education platforms
Liam Zhang is respected by the community as a trusted voice in Web3

Books

"Crypto for Creators: From Followers to Owners" - Published on Google Books Reference Links:

Website: coincu.com
Author's profile: Liam Zhang - coincu.com

Convert

US Dollar Index Rises, Impacting Cryptocurrency Market

Historical Patterns Show Dollar’s Effect on Bitcoin

The Coincu Research Team’s Insights

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US Dollar Index Rises, Impacting Cryptocurrency Market

Historical Patterns Show Dollar’s Effect on Bitcoin

The Coincu Research Team’s Insights

Researcher Blockchain Journalism SEO Writing Web3 Analysis

Experience

Background

Achievements

Work Style

Skills

Additional Information

Books

Liam Zhang's Social Media Platforms

Liam Zhang's Podcasts

Knowledge Panel

Other Posts

Ethereum forms Platform team for L1–L2 in 2026 roadmap

Aptos proposes 2.1B cap, 10x gas in governance plan

Optimism (OP) sinks 20% as Base leaves OP Stack; fees end

Trust Wallet Launches Cash Deposits, Enabling Users to Convert Physical Cash Into Crypto

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.371 Million Tokens, and Total Crypto and Total Cash Holdings of $9.6 Billion

Public Masterpiece Announces PMT Chain, A Layer 1 Built for the Real-World Asset Economy