One week after the U.S. elections, the cryptocurrency market continues to surge, especially Bitcoin (BTC), which broke through $88,000 on Monday, setting a new all-time high. The CoinDesk Bitcoin Index (XBX) shows that Bitcoin has increased by 11.3% in the past 24 hours, reaching a peak of $88,448. The current market capitalization of Bitcoin is approximately $1.37 trillion, surpassing the total market capitalization of silver, a feat not seen since the beginning of the year, driven by the market enthusiasm for spot ETFs.

Not only is Bitcoin performing strongly, but the CoinDesk 20 Index (CD20) has also risen by 7.9%. Ethereum (ETH) and Solana (SOL) have increased by 6.4% and 6.7%, respectively, with Ethereum's price surpassing $3,300, while Solana broke through $220. Tokens such as Aptos (APT), Near (NEAR), and Render (RNDR) have also performed well, with gains in the CD20 index reaching 18%-25%.

Buoyed by the weekend's market performance, related crypto stocks have also strengthened. Coinbase (COIN) stock rose nearly 20%, closing at over $320, marking a new high since November 2021. The stock prices of Bitcoin mining companies MARA Holdings (MARA), CleanSpark (CLSK), and Hut 8 (HUT) also increased by 25%-30%.

Additionally, MicroStrategy (MSTR) — the company with the largest corporate Bitcoin reserves — saw its stock price rise by 25%, reaching a historical high of $340, surpassing records from the dot-com bubble era. The company also announced the purchase of an additional 27,200 BTC, bringing its total holdings to 279,420 BTC, valued at approximately $2.45 billion at current market prices.