Bitcoin and Ethereum are experiencing their best monthly gains since February, with the market becoming more optimistic after Donald Trump’s election win. November has seen Bitcoin surge over 38%, making it the second-best monthly performance in 2024 after February’s 44% increase, and pushing Bitcoin closer to the $100,000 milestone.
Ethereum has also mirrored Bitcoin’s upward trend, with a 42% increase in November, pushing its price above $3,500. Analysts believe that Trump’s pro-cryptocurrency policies and appointments have increased investor confidence, leading to expectations of continued growth in the US for cryptocurrencies and related markets.
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