Bitcoin and gold surge after US elections, however $378 million brief squeeze casts doubt on debasement commerce

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Bitcoin's rally above $81,000 alongside gold has revived hypothesis that buyers are looking for safety in opposition to the weakening US greenback. The biggest cryptocurrency rebounded from about $75,600 on Nov. 4, whereas gold futures surged 3.4% to $4,061.10, their greatest each day acquire in three months. The greenback additionally weakened as buyers digested the Democrats' sweeping victory in…

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