Analysis: The U.S. dollar may continue to be strong, putting pressure on Bitcoin in the future
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Odaily Odaily News CoinDesk analyst James Van Straten said that since U.S. President-elect Donald Trump won an overwhelming victory in the election two months ago, the U.S. dollar has appreciated by more than 3% against other currencies, which is consistent with the trend after Trump's victory in 2016. Given Trump's policies and the Federal Reserve's expected interest rate stance, the dollar may continue to strengthen, which may put pressure on Bitcoin in the coming months. (CoinDesk)
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