Trump win sends Bitcoin price to all-time high — and boosts 8 key metrics
Although the price of bitcoin stole the show during Donald Trump’s re-election, its rally also lifted a number of other key metrics. Coinciding with an all-time high in price were bitcoin’s resurgence to all-time high futures transactions, spot ETF inflows, options volume, exchange trade volume, total circulating bitcoin, total value locked, and total hash rate. These are the eight metrics that took the Bitcoin network to an all-time high beyond its USD price. All-time high bitcoin daily spot ETF inflows As bitcoin rallied on enthusiasm for Donald Trump’s incoming presidency, traditional investors who prefer exchange-listed products also placed plenty of buy orders. After adjusting for a one-day anomaly of Grayscale trust-to-ETF asset rotation during the debut of spot bitcoin ETFs, US-listed spot bitcoin ETFs enjoyed their highest-ever day of capital inflows as bitcoin itself rallied past $74,000. On a net basis, investors added $1.373 billion of capital to US sp...