Market News
Global crypto market tops $3 trillion on hopes of Trump-fuelled boom - REUTERS
- Crypto market value tops 2021 highs
- Investors see Trump as bullish for crypto
- Bitcoin takes a breather after breaking $90,000
SINGAPORE, Nov 14 (Reuters) - The global cryptocurrency market's value has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class.
The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, based on analytics and data aggregator CoinGecko, and was last just shy of that level.