🚀 Several records were set yesterday:
1️⃣ Trump's victory caused a surge in cryptocurrency capitalization by $200 billion!
2️⃣ Yesterday's daily trading volume of BTC futures on CME was a record in history - $13 billion.
3️⃣ ETF trading volume exceeded $6 billion on November 6, which was a record value for the past six months. The last time such trading volumes were recorded was on March 14, when the BTC rate set a local maximum, exceeding $73 thousand for the first time.
📈I expect the market to grow further as indicators show an influx of new retail users into crypto. It is also worth noting that fundamentally, Bitcoin is in a period of global rate cuts and monetary easing. When governments increase the money supply, it stimulates assets such as $BTC .
⏰ Today, the market is eagerly awaiting the FOMC decision on the US Federal Reserve interest rate. Historically, rate cuts have been favorable for crypto markets.
