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Crypto Market Grows About $1.20 trillion After Trump Win, Speculative Appetite Still Expanding

Bitcoin ETFs and Ethereum ETFs recorded monthly net inflows of $6.50 billion and $1.10 billion, respectively, in November, according to data compiled by Bloomberg. Daily subscriptions for Ethereum ETFs also hit a record high on Friday. Since Trump's victory, the cryptocurrency market has jumped by about $1.20 trillion in market capitalization, according to CoinGecko. The rally is diluting concerns about fraud and risky practices exposed in the 2021 cryptocurrency boom...

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2024-12-02 03:54:19
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