Crypto exchange volumes soared to a three-year high in November, reaching nearly $3 trillion, driven by Donald Trump's election win and hopes for favorable crypto regulations. Data from New Hedge highlights this surge, with platforms like Crypto.com reporting record volumes. The election outcome, with pro-crypto candidates gaining seats in Congress, has fueled optimism for a supportive regulatory environment in the US.

Globally, increased regulatory clarity is attracting more investors. Kraken saw significant activity in Bitcoin, Solana, and Dogecoin perpetuals, while Bitcoin ETFs contributed to the bullish trend, drawing substantial inflows. The crypto market cap hit $3.47 trillion, buoyed by macroeconomic shifts and potential US policy changes.