Bitcoin nears $90,000 as cryptocurrency rally continues following Trump victory

Bitcoin surged to around $89,128, gaining over 31% in the past week, driven by a rally following Donald Trump's election victory. Ethereum and Dogecoin also saw significant increases, with Dogecoin rising nearly 23%. More than $669 million in futures contracts were liquidated in the last 24 hours, indicating high volatility. Bitcoin's Open Interest increased by 6.44%, suggesting new investments in the derivatives market. The global cryptocurrency market capitalization approached $3 trillion, reflecting a 7.72% rise. Market sentiment remains in the "Extreme Greed" zone, which may signal potential corrections ahead.