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The US dollar performs its best in two weeks due to tensions in the Strait of Hormuz
2026-08-07 19:18:09
According to CoinMeta, the US dollar has performed best over the past two weeks due to rising oil prices caused by tensions in the Strait of Hormuz. The strength of oil prices and the US dollar may put pressure on emerging markets, leading to capital outflows and currency devaluation, especially against the backdrop of geopolitical tensions.
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Source：Crypto Briefing
This content is for market information only and does not constitute investment advice.
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