Bitcoin and Ethereum reach new highs following Trump election victory

Bitcoin has reached new highs following Donald Trump's election victory, surpassing $81,000 on November 11. It rose nearly 6.25% in 24 hours, with its market cap approaching $1.7 trillion after a 20% increase in the past week. Ethereum has also seen significant gains, following Bitcoin's upward trend. The recent rally is attributed to factors such as increased ETF inflows, improved global liquidity, and regulatory support. In the past week, Bitcoin's price jumped from $67,000 to $79,900, breaking multiple records. The overall cryptocurrency market is experiencing strong momentum.