Global #crypto market

Bitcoin has soared to a new all-time high (ATH) of $81,858, marking a nearly 21% increase in value. This remarkable surge is being attributed to the election of former President Donald Trump, whose pro-crypto stance during his campaign has fueled investor optimism.

Dogecoin (DOGE), the popular meme coin, experienced a brief but dramatic surge in price on Wednesday, rising by 25% within a single trading session.

In a dramatic turn of events, Donald Trump has declared victory in the U.S. presidential election, thanking his supporters for electing him as the next President. Trump’s win marks a significant political shift and has already begun influencing the global financial markets.

As the US presidential election unfolds, the crypto market has reacted with enthusiasm, pushing Solana (SOL) to new heights and surpassing Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization.

In a remarkable milestone, Solana (SOL), the Layer-1 blockchain network, has achieved a market capitalization of $83.56 billion, surpassing that of popular financial service provider PayPal, which sits at approximately $83.52 billion.

As the 2024 election approaches, discussions around the potential impact of the election results on the cryptocurrency market, particularly meme coins, have intensified.