US dollar settles high as Bitcoin and Gold bow low

With about two trading sessions left to the all-important Federal Reserve’s two-day meeting set to commence on Tuesday and Wednesday, amid surging U.S inflation in play, currency traders are currently anticipating that the narrative on tapering might take its course.

Additionally, the crypto market also suffered immense selling pressure with the rising value in the U.S dollar stalling Bitcoin’s decent recovery in the past few days.

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