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Dollar and Bitcoin soar

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The US dollar has surged in the wake of Donald Trump’s victory.

Bitcoin has also hit a record high while traders bet on potential tax cuts, increased tariffs, and rising inflation under Trump’s second term, news agencies reported.

This election result will have a major impact on the global economy, the BBC reported yesterday, adding that the Republican Party is also set to take control of the Senate, though there were still votes left to count.

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