The global cryptocurrency market has surpassed $3 trillion due to optimism surrounding potential regulatory changes in the United States following Donald Trump's election as president.
CoinGecko reported that the market value reached nearly $3.2 trillion on November 14, indicating a significant recovery from previous stagnation in crypto prices and trading volumes. Bitcoin remains the market leader, reaching a record high of $93,480, contributing to the overall market milestone.
This resurgence in cryptocurrency values reflects the speculative investment boom observed during the pandemic, indicating a renewed interest in digital assets as investors anticipate regulatory changes that could further stimulate growth in the sector.