Golden Finance reported that in November, cryptocurrency trading volume soared to an all-time high, with the trading volume of digital assets on centralized spot and derivatives exchanges surpassing $10 trillion for the first time. According to data compiled by CCData, last month's total trading volume doubled. The cryptocurrency market surged amid optimism that the newly elected Trump administration would provide a friendlier regulatory environment for the industry, with the market bellwether Bitcoin jumping 38% to reach nearly $100,000, a historic high. 'This sentiment is clearly reflected in the increased demand for assets like Ripple, which has historically faced stricter regulatory scrutiny,' said Jacob Joseph, Senior Research Analyst at CCData. 'Optimism among institutions is also evident, with a significant increase in CME trading volume over the past month and substantial inflows into spot Bitcoin ETFs.'