The dollar weakened on Monday after polls showed a deadlocked presidential race between Kamala Harris and Donald Trump, with a shift favoring Democrats noted in Iowa. Asian currencies gained against the dollar, as expectations of a Trump victory and strong economic data had boosted the dollar previously. The US Federal Reserve is expected to cut interest rates after the election, following a weak jobs report for the Biden administration on Friday.
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1 Reason to Buy Solana (SOL)
Solana (CRYPTO: SOL) has struggled, with a 1% decline over the past year as of July 30, underperforming in a generally bullish crypto market and ranking last among the top 10 cryptocurrencies by market cap. However, new use cases may provide opportunities for recovery in the rapidly changing crypto landscape. Want More Context? 🔎
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