Ethereum

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/trumps-election-sparks-crypto-market-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump’s Election Sparks Crypto Market Surge</a><br></p>
<p style="text-align: justify">The announcement of Donald Trump’s presidency on November 6 has led to substantial volatility in the cryptocurrency market. Following this news, there was a significant increase in trading volume, prompting Ethereum whales to re-enter the market, sparking renewed interest among traders.</p>
<h2 style="text-align: justify" id="strong-what-recent-trends-are-shaping-the-crypto-market-strong"><strong>What Recent Trends are Shaping the Crypto Market?</strong></h2>
<p style="text-align: justify">In the last 24 hours, the crypto market has experienced a notable uptick. Global market capitalization surged by 9%, reaching $2.43 trillion, with trading volume climbing to $180 billion. <a href="https://en.bitcoinhaber.net/controversy-surrounds-secs-potential-rejection-of-spot-bitcoin-etfs" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>‘s price soared to a new high of $76,460.15, fueling optimism across the board.</p>
<h2 style="text-align: justify" id="strong-why-are-ethereum-whales-back-in-action-strong"><strong>Why Are Ethereum Whales Back in Action?</strong></h2>
<p style="text-align: justify">As Ethereum’s value increased by 11%, a prominent whale, who had been absent for eight years, made headlines by selling 11,005 ETH at $2,777, netting $30.56 million. Additionally, another whale transferred significant ETH to the Kraken exchange, executing a sale worth $65.63 million, which has caused some concern among traders regarding market stability.</p>
<p style="text-align: justify">Key takeaways from the recent developments include:</p>
<ul>
 <li>The crypto market has gained significant momentum, with Bitcoin hitting record levels.</li>
 <li>Ethereum’s price surge is attracting notable whale activity.</li>
 <li>Long-term investment strategies for ETH appear promising, despite inherent risks.</li>
 <li>Monitoring large transactions and market trends will be vital for traders.</li>
</ul>
<p style="text-align: justify">Ethereum’s ongoing ascent is bolstered by the recent introduction of Ethereum ETFs, generating optimistic market sentiments. Experts suggest that ETH could hit new heights, making it a compelling option for those considering long-term investments. However, the unpredictable nature of the crypto landscape underscores the necessity for traders to stay alert and adapt to rapidly changing conditions.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/trumps-election-sparks-crypto-market-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump’s Election Sparks Crypto Market Surge</a></h5>

Trump’s Election Sparks Crypto Market Surge

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