Crypto Market Gains Momentum Amid Renewed Optimism in the U.S. Political Landscape

Recent data from CoinGecko shows a 5% increase in global cryptocurrency market capitalization within the last 24 hours, pushing it to $2.56 trillion. Daily trading volume has nearly doubled, now reaching an impressive $236 billion.

Bitcoin has surged by 7.36%, hitting a new all-time high of $75,011 earlier today. Ethereum also saw a 6.3% rise, trading at $2,590 at the time of writing. However, ETH still lags 47% behind its peak of $4,878, recorded in November 2021.