Bitcoin Reaches All-Time High as Dollar Weakens on Trump's Inauguration Day

Reported about 11 hours ago

On Donald Trump's inauguration day, Bitcoin surged to a new high of over $109,000, while the U.S. dollar fell significantly, as investors reacted to the potential implications of Trump's second presidency. The dollar weakened by 0.8%, with currencies like the British pound and euro gaining against it. Amidst speculation about Trump's forthcoming executive orders, stock futures rose, reflecting optimism in global markets despite concerns about inflation due to his proposed economic policies.

Source: YAHOO

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