Typically, when Bitcoin pumps, altcoins lag behind, but today was different due to the election results. The market had been in a state of uncertainty for a month, which isn't ideal for altcoins that thrive in clear, bullish conditions. Trump's influence provided the market with much-needed confidence, boosting altcoins in anticipation of clearer, more lenient crypto regulations.

For @BounceBit if we cross the green line, the outlook is solid, especially with the 99-day moving average in place. $BB is making a comeback. Keep an eye on upcoming regulations, as they’ll affect BounceBit’s CeDeFi and asset management. If regulations remain favorable under a Trump administration, this strengthens my confidence in BounceBit and CeDeFi. @Ethena Labs $ENA similarly, benefited from this sentiment shift, as projects with big visions are closely tied to regulatory developments.