Sunday, December 08, 2024

World News

Dollar rockets as Trump nears finish line, Bitcoin breaks records

The U.S. dollar saw its biggest one-day gain since March 2020, while Bitcoin soared to an unprecedented high, as markets rallied around a potential Donald Trump victory in the presidential race.

TAS News Service

info@thearabianstories.com

Wednesday, November 6, 2024

Muscat: Traders, banking on a Trump win, fueled a surge in the dollar and the popular cryptocurrency in what’s being called the “Trump trade.”

Republican Donald Trump is projected to win in crucial battleground states, bringing his electoral count to 267—just three votes short of the 270 required for a win. With Alaska expected to secure the final votes, Trump is on the brink of victory, narrowing Democratic candidate Kamala Harris’s path to the White House.

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