Donald Trump's election victory has sparked a surge in the cryptocurrency market, with Bitcoin reaching new all-time highs and certain altcoins following the trend.
Bitcoin's Post-Election Influence
Following Donald Trump's election victory on November 5, Bitcoin surged significantly, gaining 12% over the last 30 days and reaching an all-time high of $103,900.
Bouncebit (BB) Growth
Bouncebit (BB) has been one of the standout performers, posting a remarkable 55% gain. The token's price climbed from $0.33 to a recent high of $0.54, currently trading at $0.51. The critical resistance zone is between $0.50 and $0.57. Breaking above $0.57 could unlock significant upside potential with targets up to $0.80 and $0.88.
Altlayer (ALT) Movement
Altlayer (ALT) has seen a significant surge, climbing 45% in the last month, from $0.12 to a peak of $0.21, now settling around $0.17. The $0.16 to $0.21 resistance zone is crucial for its next direction. Clearing this level could catapult the price up to $0.3772, presenting an 80% upside potential.
Both Bouncebit and Altlayer are showing strong bullish patterns near key resistance levels, making them potential candidates for substantial gains if they manage to break through these barriers.
