Donald Trump's victory in the presidential election has caused excitement in the cryptocurrency market, leading to Bitcoin breaking new records. Ethereum, which has been underperforming, also exceeded $2,900 and is expected to continue rising due to increased risk appetite. Bitfinex analysts predict that Ethereum could reach $3,200 in the short term, citing increased investor appetite and ETF inflows. Open interest in Ethereum has reached abnormal levels, indicating a potential rise in the coming months. Nansen analyst Edward Wilson suggests that the first staked Ethereum ETF could be launched in the US following Trump's victory, potentially pushing the price even higher.



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