U.S. dollar hits fresh 13month peak, Fed rate clues awaited
Bitcoin touches record, not far off 100,000 level
Sterling slips to lowest since May

TOKYO, Nov 22 Reuters The U.S. dollar edged up to a fresh 13month high on Friday, with little to stop the greenback39;s momentum as investors assessed the outlook for the Federal Reserve39;s interest rate path, while bitcoin hit a record high and neared the 100,000 level.

The dollar index edged up 0.08 to 107.15 after touching its highest level since Oct. 4, 2023 at 107.18, with little data this week to dent its strength.

It39;s just trying now to find what the catalysts are … and it39;s obviously going to be does the Fed cut or not again in December, said Tony Sycamore, market analyst at IG.

Expectations of a move next month have been volatile. Markets now see a 57.8 chance of a 25basispoint cut, down from 72.2 a week ago, according to CME39;s FedWatch Tool.

U.S. PCE for October scheduled for release next Friday will be a key focus.

Global PMIs are due later in the day, although those figures probably won39;t change the dial too much, IG39;s Sycamore said.

Bitcoin briefly rose to a record 99,388 before paring gains.

The cryptocurrency has surged more than 40 since the U.S. election on expectations U.S. Presidentelect Donald Trump will loosen the regulatory environment for cryptocurrencies. It was last up about 1 at 99,028.

The dollar, meanwhile, has appreciated around 3 so far this month on expectations that…