The United States (U.S.) dollar has strengthened as Donald Trump secured a new entry to the White House in the presidential race.
Bitcoin also reached a record high as traders bet on potential tax cuts, tariff increases, and rising inflation under Trump.
The election results are expected to have a major impact on the global economy.
According to some projections, the Republican Party is likely to take control of the Senate, though not all votes have been counted yet.
The dollar has increased by about 1.5 percent against a variety of currencies, including the pound, euro, and Japanese yen.
In Japan, the benchmark Nikkei 225 stock index closed with a 2.6 percent gain, while Australia’s ASX 200 closed 0.8 percent higher.
It appears that major U.S. stock indexes will open with a sharp rise. This follows last Tuesday’s trading, where the Dow Jones Industrial Average, S&P 500, and Nasdaq each closed with gains of over one percent.
