Trump's Election Boosts Dollar and Bitcoin to Record Highs

Donald Trump's victory prompts a surge in the dollar and Bitcoin, driven by his pro-cryptocurrency stance and proposed economic policies.

The dollar has strengthened significantly, reaching a one-year high against the euro, influenced by Trump's proposed tariffs and fiscal policies.
Bitcoin's value has soared, nearing $90,000, as Trump's pro-cryptocurrency campaign promises excite investors.
Trump plans to increase import taxes, potentially up to 60% for Chinese goods, impacting global currencies and trade dynamics.
The prospect of regulatory easing under Trump has led to a sharp rise in the stocks of crypto-related companies like MicroStrategy and Coinbase.
Trump's administration may consider Bitcoin as a strategic reserve asset, signaling a shift in U.S. financial strategy.