The U.S. presidential election has undeniably sent ripples through the cryptocurrency market, driving a wave of optimism among investors.
November alone saw the market’s total capitalization surge by over $1 trillion, soaring from $2.2 trillion at the month’s start to a staggering $3.2 trillion by its close, as per Stablecoins like Tether and USD Coin continued to play a pivotal role in providing liquidity and stabilizing the volatile market.Bitcoin, often seen as a safe haven asset, recorded notable gains in both price and trading volume, reinforcing its dominance.
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