The entire crypto market has been feeding off the momentum ignited by the recent electoral victory of Donald Trump. The total market valuation exceeded $3 trillion and trade volumes have recorded several hundreds of billion dollars since the election outcome. Bitcoin topped $89k today, with the potential of crossing the $90,000 mark soon.
Meanwhile, XRP also joined in the rally, posting about 27% gains since November 5. This latest movement has brought excitement across the XRP community as members have previously worried about the slow movement of the coin. Notably, the XRP rally is primarily fueled by Trump's promise to reform the Securities and Exchange Commission (SEC).
This post first appeared on 36crypto.com News.
