Bitcoin breaks $75K ATH on Trump victory, spurring positive momentum across the crypto market.
- Market Insights: Donald Trump is the 47th President of the United States President, generating positive momentum in the market. Nearly all of the top 100 cryptocurrencies have moved to over the past 24 hours, with Bitcoin hitting $75,000.
-AI Market Highlights: Tokens surged, with up 97% in the last day. Notable gainers include Virtuals Protocol and OriginTrail, while NetMind Token and Humans.ai are down. Bittensor ranks second in AI market capitalization.
- SingularityDAO Merger: SingularityDAO, Cogito Finance and SelfKey into Singularity Finance, a Layer 2 EVM for AI. SDAO, CGV and KEY will swap for the unified SFI token at preset ratios.
- Nansen highlights DePIN investments: Nansen GPUfi and NodeFi as promising areas within DePIN, leveraging demand for GPU power by AI to deliver yields via token leases.
Donald Trump was elected the 47th President of the United States in a landslide victory over his rival Vice President Kamala Harris. The cryptocurrency market has seen positive dynamics in almost all areas. Let's see how this decision affected the industry as a whole before we focus on the AI sector. Missed the AI update last week? Find out here.
Market Overview
As it stands, every cryptocurrency in the top 100 by market capitalization is in the green over the last 24 hours.