The price of Ethereum (ETH) has surged to its highest point in three months following Donald Trump's election as the next US president. This optimistic political development has led to a substantial increase in ETH's valuation, with a rise of 8% in the past day. Other cryptocurrencies such as Bitcoin, Solana, and Binance Coin also saw gains but to a lesser extent. The positive expectations for Ethereum are based on the belief that Trump's victory and the election of crypto-friendly representatives will lead to favorable regulatory changes and rapid growth in the cryptocurrency market.



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