Trump’s Election Triggers New Wave of Cryptocurrency Gains 🥳
Following Trump’s #election as U.S. president, the cryptocurrency market has seen a renewed wave of speculation, with several altcoins outperforming Bitcoin.
Dogecoin (DOGE) surged 50% in five days, while Cardano (ADA) saw over a 60% increase, possibly due to founder Charles Hoskinson’s discussions about collaborating with #Washington legislators. Tokens like Polygon, Cosmos, Solana, and Algorand also saw gains surpassing Bitcoin’s 7% rise. Caroline Bowler, CEO of BTC Markets Pty, noted that the Bitcoin boom has quickly spread to #altcoins , with the industry expecting to benefit under the new administration.
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