👉👉👉 Crypto Market Soars by $200B Overnight as Bitcoin ($BTC ) Hits New All-Time High
With Donald Trump appearing likely to reclaim the White House, the cryptocurrency market saw a strong surge, pushing nearly all assets higher by impressive percentages.
Bitcoin Reaches a New All-Time High
- Bitcoin (BTC) finally broke past its previous all-time high from March of $73,737, which it approached last Tuesday before dropping below $67,000 over the next several days. This price movement was closely tied to the U.S. presidential election, and as Trump – a self-declared pro-crypto candidate – gained a significant lead, Bitcoin’s price responded sharply. It rocketed from $69,000 to a new record of $75,358 (per CoinGecko), triggering over $500 million in liquidations for over-leveraged short traders. BTC’s market cap now exceeds $1.46 trillion, placing it back among the world’s top 10 financial assets by market cap, though it has since stabilized around $74,000, maintaining a dominance near 57%.
#Altcoins👀🚀 Follow Bitcoin’s Lead
- After a quiet period, altcoins have rallied with notable performances from major assets. Solana ($SOL ) surged to $185, overtaking Binance Coin ($BNB ) as the fourth-largest cryptocurrency by market cap. Dogecoin (DOGE) led the day’s gains, potentially influenced by Elon Musk’s connection to Trump, jumping to $0.20. Other standout gainers included SUI, FET, APT, KAS, AAVE, and several meme coins.
- The total market cap of all #Cryptocurrencies has added over $200 billion since yesterday, reaching $2.57 trillion, as tracked by CoinGecko.
