BiyaPay Analyst: Trump's Dollar 'Yo-Yo' Remark Sparks Debate, Safe Haven Sentiment Rises
BlockBeats News, January 28th: Trump referred to the US dollar as "performing well" but capable of fluctuating like a "yoyo." The US Dollar Index once fell to a nearly four-year low, with funds flowing into safe-haven assets, and spot gold breaking above $1,590 per ounce. Boosted by the technology and chip sectors, the US stock market hit a new closing high, with Seagate and Texas Instruments' post-market earnings boosting the semiconductor and storage sectors.
BiyaPay analysts believe that if the US dollar continues to weaken and policy uncertainty intensifies, precious metals and "physical computing power assets" sentiment may become more sensitive, but short-term volatility will increase. Users can follow gold-related transactions (including futures) and the linkage and risk control of BTC/ETH on BiyaPay, controlling leverage and position pacing.
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