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Bitcoin and gold surge as dollar weakens after US elections

Bitcoin and gold surge as dollar weakens after US elections

Photo: The Currency Analytics

Community Trust Score Verified 95 % Real Verified 22 votes Updated 8 hours ago Bitcoin rebounded to above $81,000 on Nov. 4, while gold futures surged 3.4% to $4,061.10, marking their biggest daily gain in three months. The price movements occurred as investors digested the Democrats’ sweeping victory in US elections and the US dollar weakened. The rally in both assets coincided with a decline in the value of the US dollar. Bitcoin started its rebound from approximately $75,600 on the same day.

Source: The Currency Analytics

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