Post-Election Rally: Which Cryptos Are Surging?

Following the Recent Elections, Crypto Market Exhibits Significant Movements

Bitcoin and Ethereum Lead the Rally

Bitcoin (BTC) recently surged by 1%, reaching a record high of $76,000. Currently, it trades at $75,202, with a 24-hour high of $76,460.15. This surge has elevated BTC's market capitalization to $1.49 trillion. Despite a slight decline in market dominance (1.18%), investor interest remains strong, evidenced by an influx of $691.01 million into spot Bitcoin ETFs.

Ethereum (ETH) has also experienced a significant surge, climbing over 10% within the past 24 hours. It currently trades at $2,859, with a daily range of $2,563.82-$2,878.75. Ethereum's market capitalization now stands at $344.10 billion, supported by an inflow of $52.29 million into spot Ethereum ETFs. However, reaching a new all-time high may prove challenging due to ongoing sell-offs by major investors.

Solana and XRP Join the Surge

Solana (SOL) has gained 3%, currently trading at $189.17. Throughout the day, SOL's price fluctuated between $180.35 and $191.79, giving it a market capitalization of $89.20 billion. Despite recent sales by large holders like Pumpfum, investor interest remains strong.

XRP has also gained traction, rising by 5% to $0.5616. Daily trading ranged between $0.5274 and $0.5739, and its market capitalization has reached $31.94 billion. Ripple's recent transfer of $250 million worth of XRP has sparked speculation about future price movements.

Meme Coins: Dogecoin Faces Unexpected Decline

Dogecoin (DOGE) has unexpectedly dropped by 5.5%, currently trading at $0.1958. Shiba Inu (SHIB) has also experienced a slight decline of 1.5%, falling to $0.00001899. In contrast, other meme coins like PEPE, WIF, and BONK continue to perform well, capturing the attention of investors interested in this niche market. DOGE's recent decline has raised concerns, but the overall meme coin sector continues to pique interest.

Stay tuned to The Bit Journal for the latest updates on these trends as the post-election rally continues to impact the crypto market.

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