Introduction

The Dollar Index, which gauges the greenback's performance against a basket of other currencies, rose by 1.3%, registering the biggest single-week percentage gain since February. Some traders believe Bitcoin's holding up the 27,000 level over the past few days is setting the crypto up for a run to new highs. Markets are preparing for a busy week ahead with US retail sales data to be released Tuesday and Fedger Jerome Powell said to speak on Friday.