On November 5, Galaxy Digital, a cryptocurrency trading firm, experienced its biggest trading day of the year, triggered by Donald Trump’s victory in the United States presidential race. This event reportedly led to a significant increase in interest around cryptocurrencies, as noted by Galaxy's CEO. Bitcoin reached a peak of $76,500 the day after the election, reflecting the market's positive response. Bloomberg ETF analyst Eric Balchunas reported that iShares Bitcoin Trust (IBIT) saw substantial activity, achieving over $4.1 billion in trading volume, while net inflows into US spot Ether ETFs reached $52.3 million, the highest in six weeks. Following Trump's win, US crypto stocks also experienced notable rises, many seeing double-digit increases. Analyst Rekt Capital pointed out that Bitcoin's movement above the $71,500 range could signal a breakout from its re-accumulation phase. Meanwhile, Galaxy Digital's CEO, who had previously not publicly supported Trump, emphasized a pro-crypto stance, advocating for bipartisan cooperation in the industry.

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