Dollar Claws Back Some Ground; Bitcoin Breaks $41,000

Dollar Claws Back Some Ground; Bitcoin Breaks $41,000
An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, on March 20, 2019. Mohamed Abd El Ghany/Reuters
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LONDON/TOKYO—The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the Federal Reserve will soon be cutting interest rates, while bitcoin breached $41,000 for the first time since early 2022.

The euro was last down 0.1 percent at $1.0876, while the dollar index, which tracks the currency against six major peers, rose by 0.19 percent to 103.33.