You clearly already know that the victory in the US elections goes to Trump. Just a few hours ago, a new maximum was set at $BTC - $75,400! On this occasion, I will immerse you in history.
It's November 2016, elections again, this time between Clinton and Trump, and in the end, we know that the victory went to the latter. At that time, there was hardly any variety in cryptocurrencies: old man Bitcoin, the pumped Monero, Ethereum had just appeared, and I won't even name the other coins because they have long since died.
At that moment, Bitcoin's dominance was around 98%, but the decline had already begun to 95%, and in the already arrived 2017, it fell to a record low of 48.94%, when the legendary altseason happened, and the whole world learned about crypto. Everywhere, they were talking about Bitcoin and $ETH , and that was when the maximums of $19,500 and $1,440 were set.
We currently have a very similar situation, only prices, technologies, the size of the cryptocurrency community, and the number of coins have changed.
Bitcoin updated its maximum, but dominance started to decline, which caused the rest of the market to begin rising: Ethereum grew by almost 10% over the day, Solana by 16%. Since the majority of altcoins are based on these 2 blockchains, all these altcoins also started to grow.
💡 There are all the grounds to expect a repeat of 2017-2018, only on a larger scale. This only plays to our advantage, especially for the new marathon, which I will tell you about very soon!)
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