CandleFocus Trump's New Administration Would Support Strong Dollar, Economic Advisor Says
2024-10-14
Author: Content Editor
Scott Bessent, an economic advisor to Donald Trump, stated that a potential Trump administration would support a strong dollar and is unlikely to deliberately devalue the currency. He downplayed concerns of dollar devaluation under Trump's presidency and stated that good economic policies naturally lead to a strong dollar. This suggests that despite being positive for digital assets, a Trump presidency may be characterized by a resilient dollar, which could limit gains in riskier dollar-denominated assets like cryptocurrencies. Bessent also defended Trump's intention to impose inflationary tariffs on imported goods, stating that these positions would likely be watered down during discussions with trading partners.
Related News
Bitcoin growth lags behind the latest money supply inflows Tron (TRX) Price Tests Resistance Zones as Momentum Shifts ‘Off the Grid’ Beginners Guide: 5 Tips to Get Your First Win Sui leads 2024 crypto market with 170% gain, insider selloffs stir caution Trump’s crypto policies have potential for 'explosive upside,' while Harris shows 'limited downside risk' – Galaxy Digital Meet Aria: The New Open Source Multimodal AI That's Rivaling Big Tech BRICS seals deal for international trade settlements in national currencies Shiba Inu Price Surges as Lead Developer Exposes Fake SHIB Wallet Claims Vitalik proposes lowering Ethereum validator threshold from 32 to 1 ETH US election fever fired crypto prediction markets by an outstanding 565% in Q3 2024 Bitcoin Ecosystem Experiences Spike in Its Locked $BTC Tokens Off The Grid: What to Know About the Crypto Shooter Game Launch? Top Reason Why Crypto Market is Up Today? Worldcoin (WLD) Price Could Surge 37% If This Happens Bitcoin Surges Past $66K: What Traders Should Expect Next Solana Will Target New ATHs Once It Breaks $160 Resistance – Analyst Ethereum Creator Vitalik Buterin Proposes Huge Changes to Network 5 Things to Know as Ethereum Price Hit $2,500 Could Bitcoin’s October Gains Indicate a Potential Breakout Amidst Market Dynamics and Regulatory Shifts? Harris beats Biden, lags Trump on crypto policy: Galaxy Research Hot Statements from FED Member Waller! Talked About Interest Rate Cut Ethereum (ETH) Price Rally to $2,600 Comes with Unsettling Risks Bitcoin rises 6% while whales send massive USDT inflows to Binance The factors that led BTC above $66K…and what’s next? BAT/USDT Nears Key Levels as Market Awaits Potential Breakout Bitcoin’s Funding Rate Hits Highest Level in Months – What to Expect? Analysts Say “We Are Cautious Despite The Rise” In Bitcoin, Explained The Reason dYdX Rolls Out Trump Prediction Market Perpetuals with Leverage Trading Ripple’s Private Ledger for CBDCs Signals Major Shift in DeFi Cardano Braces For Impact as 18.5 Million ADA Unlock Looms Analysis Company Announces: This Search Term on Google Detects Cryptocurrency Bulls – What’s the Current Situation? Chainlink’s Growing Ecosystem: Key Partners in Gaming, DeFi, and Banking Solana’s bull run is 1 year old today Bitcoin is stuck in a tight range. Are we still on track for a bullish breakout next year? Efrogs NFT Holders Get Free Personalized ENS Subdomains on Linea Economist Henrik Zeberg Predicts Rallies for Dogecoin Rival As ‘Blow Off Top’ in Financial Markets Approaches Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same? Satoshi-Era Bitcoin Wallet Makes Another Major Move Toncoin (TON) Breaks 4-Month Dry Spell With Clear Buying Opportunity BRETT Price Shows Powerful Uptrend, But Overbought Signals Emerge Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline Why Did Bitcoin Price Rise? Analyst Reveals First Quarter 2025 Price Prediction for BTC Grayscale lists Jupiter (JUP) as an asset under consideration Renzo Simplifies Staking with New Protocol Solana Grabs 55% Blockchain Royalties with $374K in Weekly NFT Earnings Bitcoin reclaims $65K; ENA, WLD, and BRETT post double-digit gains PUFFER soars after token launch and claims open Kraken Survey Shows Majority of Market Participants Using One Strategy To Invest in Crypto Meme coin $MOG reaches $835M market cap as biggest 24H gainer OpenAI Unveils Secret Meta Prompt—And It’s Very Different From Anthropic's Approach Kamala Harris Proves She's the Worst Candidate for Bitcoin Ownership and Adoption Hyperliquid announces native token HYPE ahead of mainnet launch Dogecoin Buy Signal Hints At Upside As Funding Rate Keeps Rising This wild Satoshi theory links Paul LeRoux, Craig Wright, and Calvin Ayre Why Popcat (POPCAT) May Stall Before Reaching $2 Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA Sen. Hagerty's draft stablecoin bill could shape legislation in 2025, TD Cowen says Trump’s WLFI whitelists 100k investors, adds Paxos Co-founder Rich Teo BREAKING: Coinbase is Listing a New Altcoin! They Made the Official Announcement Bitcoin is poised for a bullish reversal The report by Coingecko on the state of the crypto industry in Q3 2024 Ceffu Turns $120.88M $BTC Buy Into a $3.66M Profit in 48 Hours! Stadle, a liquid staking solution by Carrot Swap, launches points system to reward GAS stakers 4 Crypto Airdrops for the Third Week of October: Here’s What to Know Ripple (XRP) Loses Bullish Support, Targets $0.46 Poll Results Turn Kamala Harris Towards Cryptocurrencies! Units Network Partners with AI Pepe King to Revolutionize Web3 Customer Service Bitcoin price charts point to explosive gains in the long term Rising Altcoin Interest: Why Ethereum May Be Leading the Charge Whale Turns $4.44M WIF Loss into $1.94M SOL Profit, Invests in $POPCAT Hot Protocol becomes the top multi-chain app ahead of Particle Network and Uniswap 12.58M $AXS Tokens Ready to Unlock Alongside $ARB and $STRK’s Major Token Releases Neo to host Telegram AMA about Neo X sidechain Bitcoin price hits $66K as analysis asks, ‘Has Uptober begun?’ Crypto Whales Push Neiro Ethereum to 85% Gain After Strategic Dip Buying APT, TIA, and WLD Flashing Bullish Breakout Signals: What Traders Should Know SOL Overtakes ETH As Analyst Forecasts Solana Price To Hit $1,400 IOTA Holders Brace for 100% Pump with Potential RWA Reveal on October 15 Binance Reveals Major Update On NEIRO, POPCAT, EIGEN, & These 8 Coins SOL and BNB Price Prediction for October 14 Neo News: Week in Review – October 5 – October 11 Shiba Inu (SHIB) Price to Clear Zero If This Trend Continues Neo shares Red4Sec audit reports for Neo X governance system and native bridge Shiba Inu Rival Neiro Gains 4,869% in Astounding Price Rally DeXFun launches Telegram perp mini-game allowing users to earn FUN points Pepe Coin Price Poised for 50% Surge, Analyst Predicts Strong Momentum Bitcoin to 'break loose' at $70K as 'Uptober' flips green Cardano Slips Above $0.33 And Maintains A Sideways Pattern Tether CEO says company exploring commodities trading and TradFi opportunities 5 Viral 'Off the Grid' Clips That Show Why It's Such a Hit With Gamers BTC, ETH and XRP Price Prediction for October 14 $118 Million in 24 Hours: Crypto Bears Getting Destroyed Dogecoin (DOGE) Price Shines Green Amid $78.68 Million Mysterious Whale Transfer Mike Novogratz's Galaxy Digital Buys 500 BTC, Sells Ether Amid Uptober Buzz Upcoming WLFI Token Sale Boosts Donald Trump’s Polymarket Dominance $754 Million XRP in 24 Hours, What's Happening? Investing Just $1,000 In Bitcoin 14 Years Ago Would Have Resulted in Massive Fortune Is Bitcoin price following Trump’s betting odds? Tokenized gold market on Morpho loses $230K after Oracle misconfiguration mishap Ripple-backed Keyrock teams up with Deutsche Bank to expand FX services TD Bank failed to disclose ‘suspicious’ crypto transactions tied to unnamed customer group Zilliqa cuts monthly mining rewards by 50%, leading to ZIL price surge Shiba Inu Lead Addresses Concerns Over Billion-Dollar SHIB Wallets Bitcoin Will Continue to Range Until It Can Break Above or Below These Crucial Levels: Analyst MicroStrategy's Saylor Offers 'Bitcoin Crash Course' As BTC Eyes $65,000 A wave of new games could prove NFTs aren’t dead after all Shiba Inu Burn Rate Rockets 14570% Signaling SHIB Price Rally To $1 Trump-Backed World Liberty Financial Whitelists 100K Accredited Investors Ahead of WLFi Launch Toncoin Price Eyes $5 Stability as Telegram Strengthens Kazakh Presence Dogecoin Mirrors Toncoin’s Price Action: Breakout Ahead? Solana Rivals Below $0.1 to Turn $100 to $100K in October 2024 TRON’s Uptrend Continues As It Retests The High At $0.17 Cardano Community Issued Urgent Scam Alert, Here's What Happened Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend XRP Rockets 366% to $1.1 Million in Weekly Fund Flows This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum Meme Coins Surge in Popularity: Analysts Split on Whether Boom or Bust Awaits Key Criteria VCs Prioritize When Assessing a Crypto Project Bitcoin Price: Will Weekend Rally Propel BTC to $70,000 Next? Donald Trump's Economic Advisor Explains Monetary Policy to Be Implemented After His Possible Election Victory! BNY Mellon-backed crypto trading provider Talos Trading to double APAC workforce: report Former fugitive Alice Guo tied to crypto exchange that stole millions from users Aptos Launches New Service “VibrantX” For Easy Management Of DeFi Portfolios Bitcoin Price Analysis: BTC Soars to $65K, This is the Next Target Solv Raises $11M to Grow the $1.3B Bitcoin Staking Protocol Dogecoin Creator Shows Excitement at Elon Musk's Big Victory: Details MSTU and MSTX: these MicroStrategy ETFs are booming Will XRP Price Go Down to Zero? Ethereum Price Analysis: Is ETH About to Break Above $2.6K at Last? Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO TON Reaches Low Risk Zone After Volatile Year Solana Price Breaks above $152: What's Next? Bitcoin breaks $65,000 level, altcoins eye “up-only” season Ripple Mints Gigantic 4.5 Million RLUSD Stablecoin in 24 Hours RBI governor touts CBDC to enhance cross-border payments and safeguard against crypto risks Toncoin (TON) Ready for Next Big Leap, Here's Reason Seoul National University Halts Crypto Donations Until Stability and Regulations Are Assured Curve Finance and TON Foundation Announce Joint Hackathon to Develop New Stable Swap Project on TON Blockchain Bitcoin’s Path to $67,000 Looks Clearer Than Ever Is Shiba Inu (SHIB) 200% Pump Possible? Price History Says Yes, But There's a Catch Peter Schiff Reveals What Would Make Him Support Bitcoin Creator economy 2.0: AI and web3 define the digital success | Opinion Ethena (ENA) Token Surges 33% Amid New Proposals: Will the Bull Run Hit $0.50? Can MicroStrategy (MSTR) Stock Price Rally Send Bitcoin To A New ATH? Dogecoin (DOGE) Shows Enormous 133,000 Surge: What's Happening? Analyst Predicts BTC Heading for All-Time High This Quarter DOGE Activity Soars, But New Dogecoin Price ATH Will Happen After This Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near $65K 3AC Meme Coin Soars Over 30% As Su Zhu Goes Long SPX6900 (SPX) meme token ended up in BlackRock’s wallet 22 Days to Go for US Election: Analysts Predict Altcoin Season 5 things to know as Bitcoin price heads for $65,000 Burrito Wallet Commences Partnership with Thailand’s Meme Coin $SUDENG Cardano Founder Introduces 11 Tenets for Decentralized Blockchain Governance Binance Coin Targets $600: Will ETH's Decline Fuel BNB Coin's Rally? Prediction markets rise 565% in Q3, fueled by US elections Bitcoin Price Prediction – BTC Price Estimated to Reach $ 73,601 By Oct 19, 2024 Analyst on why Celestia could face 20% correction Whale Activity Boosts NEIRO as it Targets $1B Cap and $0.003 TAO up 106% in 30 days, analysts expect rally to continue From Hydro to Solar: UAE’s Rise as a Global Bitcoin Mining Contender Boerse Stuttgart’s crypto provider taps Amazon to expand crypto offerings for institutions Binance Announces Altcoin Expected to Be Listed on Margin Trading Today Will Be Listed at a Later Date! Bitcoin Breaks Above $64K, Trending Meme Coins Also Surge (Market Watch) Bitcoin buy walls now sufficient to neutralize prevalent sell walls Bitcoin Price Prediction: Where is BTC Headed This Week Following the Test of $64K? Bitcoin Mining Profitability Fell in September, Jefferies Says Crypto Prices Today Oct 14: BTC At $64K, BRETT Up 19%, BOME Shoots 27% Google Keeps XRP Price Data Despite Removing Bitcoin and Ethereum Turn $1 to $1,000 with 3 Cardano Rivals by Year-End 2024 Why is Bitcoin up today? 3 key indicators to watch for this week Solana Surges, PEPE Recovers, Dogwifhat Gains Traction KuCoin Lists Puffer (PUFFER) for Ethereum Scaling Michael Saylor Reacts to Time Travel Proposal to Reclaim 10,000 BTC from 2010 Pizza Deal More Than $10 Million Worth of XRP Transferred to Bitstamp Hoskinson: “I Didn’t Sell My ADA” – Cardano Price Struggles Continue Omni Network Simplifies Ethereum Development Process Litecoin Celebrates 13 Years with 77 Million Transactions in 2024 Cardano Founder Says Game Director is “Gone Mad With Power” in Response to Herd Game Proposal BOME hits 2-month high as altcoin market signals “up-only season” Excellent opportunities for the crypto Mantra (OM), Monero (XMR), and Aptos (APT) AE Coin Receives UAE Central Bank Approval for First Regulated Stablecoin ? 'Like Bitcoin on steroids' — Why is MSTR stock trading at a 2.7x premium? Latam Insights Encore: Venezuela Can Grow to Be Latin America's Crypto Haven $407M pours into crypto funds, Bitcoin takes the lead Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings 10,408% Profit Wakes up Ancient Bitcoin Whale Analysis Company Warns: There is Critical Data Concern in Bitcoin – Here are the Details Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge Trump's New Administration Would Support Strong Dollar, Economic Advisor Says Prices and news of the crypto BRETT, BONK, and Solana (SOL) GPTVerse Partners with MetaHub Finance, Innovating Affiliate Marketing with AI Vitalik Buterin ponders Ethereum’s future post-Merge SpaceX crypto copycats skyrockets 5824% after Starship test launch Sonic Labs founder argues L2s as appchains are not logical for builders 'Rich Dad Poor Dad' Author Issues Crucial 'Fake USD' Warning to Investors SUI Price Surges 112% in 30 Days, Outperforming NEAR Protocol Ethereum Price Gains Bullish Momentum: Is a Breakout Near? Bitcoin Price Restarts Its Climb: Is The Rally Back On? ? Bitcoin Begins the Week on a High, Jumps Above $64K 6 Altcoins Have Important Events in the New Week – Here’s What to Watch XRP Price Range-Bound: Can It Break Out or Stay Stuck? Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally Top Analyst Unveils Level Where Bitcoin Finally Escapes ‘Endless Chop’ – Here’s His Forecast 3 Signs That Cardano (ADA) May Be Gearing Up for a $0.48 Breakout Solana (SOL) Reclaims $150: Is The Rally Back On? FCA Chief Calls for Regulatory Reset: The Goal Is Not “To Step in When Things Go Wrong” Will Bitcoin Bulls Take Charge as BTC Targets New Resistance? Can Cardano Price Reach $0.5 As Top Analyst Turns Bullish On ADA? TON Holders Soar to 90 Million, Marking 2400% Growth Ad giant Hakuhodo to expand Worldcoin retina scans in Japan Can Shiba Inu Price Break Out? $66M Whale Activity Point to 108% Gains Trump faces potential assassination attempt ahead of World Liberty token sale Here are Shiba Inu Needed to Make $1M, $5M, $10M if SHIB Hits $0.00075 and $0.0075 Crypto Chart Scan: BTC's Uptrend From $54K Looks Set to Resume, ETH Holds 200-Day Average Crypto short liquidations breach $100M as Bitcoin reclaims $64K Brazillian Central Bank Invites New Participants to CBDC Pilot Program Web3 Fundamentals: An Investor’s Guide To Evaluating Tokenized Assets $500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery Powerledger Integrates with Solana to Enhance Global Clean Energy Solutions How High Could XRP Price Go If An XRP ETF Is Approved? How Bitcoin Miners Are Tapping Into the AI Gold Rush - Part 2 Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7 Ethereum Activity Spikes, but $3,000 Remains Out of Reach Peter Todd: HBO Documentary's Satoshi Nakamoto Claim Endangers My Life Ethena Labs Proposes SOL for USDe's Collateral Trump faces potential assassination attempt ahead of World Liberty token sale Solana (SOL) Approaches Make-or-Break Resistance: $210 Target in Sight Here are Shiba Inu Needed to Make $1M, $5M, $10M if SHIB Hits $0.00075 and $0.0075 An AI bot didn’t create the GOAT crypto token — but did shill it Social Surge: RENDER and NAKA Dominate Social Activity Charts! How High Could XRP Price Go If An XRP ETF Is Approved? 4 Things That May Move Bitcoin’s Price This Week Tokenovate to transform carbon credits with blockchain XRP’s Path to a $40 Breakthrough: How Close Are We? Bitcoin’s price return ‘stands apart from the crowd’ — NYDIG Scientists breach cryptographic algorithms with quantum computer: SCMP Monochrome to Launch ‘World First’ Ethereum ETF on Cboe Australia Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report Sui Network Announces Redemption of DBClaimNFT and DEEP Token Launch This Shiba Inu (SHIB) Pattern Just Got Invalidated, Bitcoin (BTC) Secures Critical Price Level, Ethereum's (ETH) Massive Struggle at $2,400 When Speed Matters: Top Use Cases Where Transaction Time Is Crucial Ki Young Ju Highlights Obstacles for Trump’s Altcoin WLFI Top Ethereum Layer 2 Crypto Projects in 2024 Future Transactions Is Vitalik Buterin In Support Of Unichain? Community Digs Past Trend Whales Keep Stacking Up NEIRO As It Keeps Pumping CHZ Crypto Set For A Breakout With Bullish Pattern Taking Shape Is Bitcoin Entering a Long Consolidation Phase? Bitcoin Futures Market Sees Rising Activity Nassim Taleb Discusses Market Fragility and Future of AI Investments Top 5 Blue Chip Cryptocurrencies to Invest in October for Stability 3 XRP Rivals to Turn $200 to $2000 in Q4 Rally Token Unlocks Set to Shift Altcoin Markets