U.S. Dollar Index climbs to 18-month high near 102.5 as Fed tightens
CIE News ·
According to CoinDesk, the U.S. Dollar Index rose to nearly 102.5 on October 5, 2026, marking an 18-month high amid Federal Reserve rate hikes, while Bitcoin held near $86,000.
The U.S. Dollar Index (DXY) climbed to roughly 102.5 on October 5, 2026, reaching its highest level in nearly 18 months, according to CoinDesk. The index, which tracks the dollar against a basket of six major currencies, rose from around 99 in early September and moved above its 200-day moving average.
CoinDesk reported that the dollar's momentum follows the Federal Reserve's September decision to lift interest rates by 25 basis points to a range between 3.75% and 4%. European political and fiscal issues also weighed on the euro, which accounts for 57.6% of the DXY basket and declined toward a 17-month low near 1.12.
Despite the headwinds created by a stronger dollar and rising yields, Bitcoin (BTC) continued to trade around $86,000 on October 5, 2026.