Usually when Bitcoin pumps heavily like today, altcoins tend to stay behind and only follow later. The reason why today this was different lies in the reason for the pump - the election results.

The market was in a month long limbo, undecisive and uncertain. Not good conditions for altcoins that flourish in markets with a clear direction or in other words - a full blown bull market.

The fact that Trump give the market a much needed boost of confidence. Altcoins heavily benefitted because of the prospect of clearer and more lenient regulations for cryptocurrency.

Regarding #BounceBit : We cross this green line and we're good. Already got the 99 day moving average. $BB is making a comeback. Zoom out and you'll see.

Incoming regulations will also affect BounceBit's #CeDeFi and the asset management behind it. So keep an eye out on that. If the regulations turn out to be lenient - likely with Trump elected - than this gives me much confidence for the future of BounceBit and CeDeFi in general. Ethena $ENA will be similarly affected. That's why it pumped so hard today. Projects like these with a big vision for the future, are undoubtedly bound to regulation.