Crypto Markets Explode to Over $3,000,000,000,000 Following Trump Presidential Victory
The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win.
According to data from crypto data aggregator CoinGecko, crypto’s total market cap now rests at $3.076 trillion, down 5% in the last 24 hours from a market cap of $3.184 trillion.
Bitcoin (BTC) has led the way, up 17.3% from a week ago, currently trading for $89,207.
According to a recent Reuters report, Matthew Dibb, chief investment officer at cryptocurrency asset manager Astronaut Capital, said:
“Generally the way this market goes is bitcoin will break out and then the rest of the altcoins will follow.
So there is that gradual rotation of capital… and then we can expect the total market cap to increase.”
According…
