First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut

Ether is over 7% higher in the last 24 hours, outperforming the broader digital asset market, which has risen by 2.7%, as measured by the CoinDesk 20 Index. ETH crossed $2,800 for the first time since early August, breaking out of the $2,300-$2,600 range that has persisted even while other coins were rallying. President-elect Trump’s victory may be stirring hopes of a “DeFi Renaissance” and with it a breakout in the price of ether. “DeFi Renaissance thesis is progressing as expected with Trump deregulation and crypto friendly policy and rule-making from Republican admin and Senate,” wrote Arthur Cheong, co-founder at DeFiance Capital, in an X post.

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Cryptocurrencies: 16,229
Markets: 1,197
Marketcap: $ 3.49 T
24h Vol: $ 179.73 B
BTC Dominance: 54.99%