The US Presidential elections held last November, which resulted in Donald Trump’s victory, brought an increase in both the dollar and cryptocurrencies such as Bitcoin. As the dollar continued to strengthen after Trump’s victory, analysts said that this rise in the dollar was similar to the rise experienced after Trump’s victory in 2016. When Trump was first elected president in 2016, the DXY peaked in December but fell over the next 12 months. The dollar’s…
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