Bitcoin's surge past $75,000 coincides with a favorable election result for Donald Trump, whose pro-crypto stance is seen as a driving force behind market optimism.
The crypto market, as indicated by the CoinDesk 20 Index, showed a significant increase of over 9%, reflecting the positive impact of election developments on digital assets.
DOGE's major gains were primarily fueled by support from Elon Musk and his proposal for a government agency called D.O.G.E., prompting excitement among crypto enthusiasts.
Solana's rally is driven by expectations of a pro-crypto administration that could facilitate the approval of a Solana ETF, suggesting positive regulatory sentiment moving forward.
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