U.S. Dollar, Bitcoin Prices Surge After Elections

TaiwanPlus News

The result of the U.S. presidential election has shifted the cryptocurrency market and global currencies. The US dollar and Bitcoin have reached record highs while the Euro and Yuan have fallen sharply.

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00:00The U.S. dollar has seen its biggest surge in eight years following Trump's re-election.

00:04The value of Bitcoin also hit record highs as investors ramp up trades that could benefit

00:10from the incoming administration.

00:12Trump has promoted an aggressive trade policy and expressed strong support for cryptocurrency.

00:17Meanwhile, Trump's potential tariffs targeting Europe and China have driven the euro and

00:21yuan to the lowest they've been in months.

00:24Analysts say both the U.S. dollar and Bitcoin could continue to climb in value.

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