As Trump approaches the finish line, the dollar soars, and Bitcoin sets new records.
Oman Horizon Bulletin
The markets rallied around a Donald Trump victory in the presidential campaign, as Bitcoin surged to an all-time high while the U.S. dollar experienced its largest one-day gain since March 2020.
Muscat: In what has been dubbed the “Trump trade,” traders spurred a spike in the dollar and the well-known cryptocurrency by betting on a Trump victory.
In key battleground states, Republican Donald Trump is predicted to win, increasing his electoral total to 267, just three votes short of the 270 needed to win. Alaska is predicted to receive the final votes, putting Trump in a strong position to win and cutting Democratic nominee Kamala Harris’s chances of winning the presidency.
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