Leading cryptocurrencies gave a thumbs up toDonald Trump'spresidential victory in anticipation of a friendlier White House.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | +6.15% | $75,185.83 |
| Ethereum (CRYPTO: ETH) | +9.67% | $2,706.00 |
| Dogecoin (CRYPTO: DOGE) | +8.18% | $0.1941 |
What Happened:Bitcoinbettered its previous all-time high established in March with a handsome rally that pushed it above $75,000 for the first time.
The apex cryptocurrency's fourth-quarter gains increased to 18.74%, with history showing average returns of 83%.
Ethereumjumped to levels last seen in late August, whileDogecoinspiked over 8%.
Ethereumalso encountered heavy sell-offs, while Dogecoin outperformed the market with over 8% gains in the last 24 hours.
Bearish leveraged traders witnessed a bloodbath, with nearly $400 million in short...
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