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New historical high! Is Trump the biggest driving force behind the sudden surge in cryptocurrency?

丽颜美容院郧
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On November 10th, cryptocurrency experienced a collective movement and accelerated its rise in the afternoon. Among them, as of 20:00, Bitcoin reached the milestone of $80000 per coin, marking the first time in history, with a significant increase of 4% during the day; Ethereum breaks through $3200, reaching a new high since August; Aida Coin surged by over 40% during trading. As of 20:30 Beijing time, within 24 hours, Adacoin has risen by 40.07%, Bitcoin has risen by over 4%, Ethereum has risen by over 5%, and Dogecoin has risen by over 18%. Amidst the volatile market conditions, many people have liquidated their positions in the cryptocurrency market. According to Coinglass data, within 24 hours, the number of people who liquidated in the cryptocurrency market exceeded 140000, with a liquidation amount exceeding $400 million. Analysts point out that Bitcoin has approached $80000 for the first time, thanks to President elect Trump's embrace of digital assets and the prospect of many members of Congress supporting cryptocurrency.
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