The U.S. dollar surged to a one-year peak, driven by rising Treasury yields and expectations of fiscal expansion under President-elect Trump. Meanwhile, Bitcoin hit a new all-time high of $93,480, boosted by Trump's crypto-friendly promises. The dollar’s strength signals potential inflation concerns and a more cautious Federal Reserve rate-cutting cycle ahead, as both the dollar and Treasury yields continue their upward momentum. 4o mini Hosted on Acast. See acast.com/privacy for more information.