Cryptocurrency values surged during the US presidential election as investors bet on Donald Trump’s chances of winning. Bitcoin hit a new all-time high of $75,000 and its market capitalization reached $1.5 trillion, putting it at the 9th spot among the world’s top 10 assets. Ethereum also saw a 7% increase in value, reaching $310 billion, placing it at the 34th spot.
But despite these gains, the cryptocurrency industry remains volatile and susceptible to sudden changes.
