The dollar edged higher on Tuesday, tracking a rise in U.S. Treasury yields as investors questioned whether market pricing for interest rate cuts this year is justified. In cryptocurrencies, bitcoin held near its strongest level since April 2022 on growing anticipation the Securities and Exchange Commission will imminently approve spot bitcoin exchange-traded funds (ETF). Money market traders price in around 135 basis points worth of easing for the Federal Reserve this year, with approximately a 60% chance that they start cutting in March. “It’s not really been a straight line for the dollar this year, which is ... (full story)