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Published on 13 Nov 2024 on Benzinga

Stocks Edge Higher, Dollar Hits 1-Year Peak, Bitcoin Soars To $93,000: What's...

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Wall Street saw a modest rebound on Wednesday, spurred by an in-line inflation report that reinforced expectations for a December rate cut. The U.S. dollar continued to gain strength, buoyed by potential tariff tailwinds under the new Trump administration.

Bitcoin again captured headlines as it surged past $93,000, lifting its market capitalization to $1.8 trillion and fueling a wave of enthusiasm across crypto markets, with Dogecoin up over 12%.

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