Bitcoin
Bitcoin (BTC) Seen Getting Boost From Trump’s Weaker Dollar Promise
Donald Trump’s potential return to the White House in November could bring a weaker dollar, if the former US president gets his way. Some analysts think this would be a boon for Bitcoin.
Concerns about the dollar’s strength against the currencies of trading partners such as China and Japan have emerged as a key political issue for Trump’s campaign in recent weeks, sending the dollar lower as Trump’s chances of winning the U.S. election improved. A weakening would support riskier assets such as cryptocurrencies and gold, which have rallied under a strategy known as the Trump Trade.