Trump's election victory drives cryptocurrency trading volume to a three-year high in November
In November, the monthly cryptocurrency trading volume hit a three-year high, thanks to Donald Trump's election victory earlier this month and new hopes for more favorable cryptocurrency regulation. According to data shared by the cryptocurrency market tracking agency NewHedge, the spot cryptocurrency trading volume in November reached 2.9 trillion US dollars, the highest level since May 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear and Greed Index has risen to 78, the level is still extreme greed
The Trump administration may allow more cryptocurrency companies to go public