#onechain However, the trading volume trajectory then slowed slightly amid a cooling-off phase for the crypto market that saw bitcoin consolidate in a range between $50,000 and $70,000 for the next seven months. Bitcoin finally broke out of that range to reach new all-time highs again following pro-crypto Donald Trump’s U.S. presidential election victory on Nov. 6, with the spot Bitcoin ETFs surpassing the $500 billion cumulative volume milestone a week later.