Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin BTC/USD | $75,833.12 | +9.5% |
| Ethereum ETH/USD | $2,682.34 | +11% |
| Solana SOL/USD | $188.34 | +14.3% |
| Dogecoin DOGE/USD | $0.1952 | +15.9% |
| Shiba Inu SHIB/USD | $0.00001883 | +6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%. Transactions greater than $100,000 are up from 8,295 to 9,141 in a single day. Exchanges netflows are down by 171.8%.
- Coinglass data reports 128,336 traders were liquidated in the past 24 hours for $581.68 million. Crypto short liquidations of $369.8 million peaked to the highest level in more than a year.
Notable Developments:
Top Gainers:
| Cryptocurrency | Price | Gains +/- |
| First Neiro On Ethereum NEIRO/USD | $0.001918 | +42.2% |
| Uniswap UNI/USD | $9.32 | +32.1% |
| Lido DAO LDO/USD | $1.24 | +29.3% |
Trader Notes: With Bitcoin prices touching its new all-time high levels, crypto trader Jelle noted that Bitcoin broke out:
He recommends buying the next dip in altcoins, noting that their main positions have been established since August, with limited leveraged trades currently active.
CryptoCon predicts a Bitcoin bull market is locked and loaded for 2025:
What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
Read Next:
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