Cryptocurrency Market Breaks $3 Trillion Amid Trump’s Electoral Influence

The cryptocurrency market has exceeded $3 trillion in value, reaching an unprecedented level. This surge is partly due to the election of Donald Trump as U.S. president, prompting expectations of more lenient U.S. regulations and potential growth across the digital asset sector.

The cryptocurrency market has skyrocketed beyond the $3 trillion mark, venturing into uncharted territory as Donald Trump's election as U.S. president fueled speculation about more crypto-friendly regulations.

Optimism surrounding potential regulatory changes has energized the digital currency sector, stirring expectations of a new economic boom across the board.

On November 14, CoinGecko reported that the cumulative market value of cryptocurrencies reached almost $3.2 trillion in early trading hours in Asia.

(With inputs from agencies.)