The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory.
The greenback declined against major peers with the Aussie and euro leading gains, while Bitcoin fell below $97,000 before paring losses. Equity futures in Australia and Japan point to early gains Monday after US stocks rose 0.4% on Friday. Contracts in Hong Kong were steady.
