{"id":141840,"date":"2024-11-10T15:00:48","date_gmt":"2024-11-10T13:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141840"},"modified":"2024-11-10T00:19:58","modified_gmt":"2024-11-09T22:19:58","slug":"crypto-exchange-traffic-surges-following-u-s-election-results","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-exchange-traffic-surges-following-u-s-election-results\/","title":{"rendered":"Crypto Exchange Traffic Surges Following U.S. Election Results"},"content":{"rendered":"<p>According to<strong><a href=\"https:\/\/t.me\/ico_analytic\/5393\" target=\"_blank\" rel=\"nofollow\"> ICO Analytics<\/a><\/strong>, Pump Fun saw the most dramatic growth in terms of traffic, doubling its visits in October. BullX followed closely with a 78% surge, while Uniswap experienced a 42% increase in traffic.<\/p>\n<p>Binance, WhiteBit, and Coinbase maintained dominance, collectively receiving millions of visits, with Binance leading at 54 million, WhiteBit at 33 million, and Coinbase at 30 million. This surge in exchange activity was reflected in the broader market, as October\u2019s rally aligned with the \u201cuptober\u201d trend, where digital assets typically experience a boost after a summer slowdown.<\/p>\n<p>The market response to the U.S. election results on November 6 contributed to <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>reaching new all-time highs, with many analysts predicting the rally could continue. Indicators such as a $1.1 billion rise in open interest on Bitcoin futures, the possibility of reduced interest rates, and strong Bitcoin ETF inflows all suggest that the rally has room to grow.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/republicans-could-boost-crypto-market-to-10-trillion-by-2026-standard-chartered\/\" title=\"Republicans Could Boost Crypto Market to $10 Trillion by 2026 &#8211; Standard Chartered\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/02\/crypto-coins-3-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Republicans Could Boost Crypto Market to $10 Trillion by 2026 &#8211; Standard Chartered<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>On the same day as the election, BlackRock\u2019s Bitcoin ETF saw an unprecedented $4.1 billion in trading volume, further fueled by the election of a pro-crypto candidate. Additionally, a significant increase in stablecoin exchange inflows, reaching $9.3 billion by November 7, points to continued optimism among traders, further supporting the ongoing price surge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In October, the 20 largest crypto exchanges saw an 8% rise in traffic, signaling increased investor engagement as the 2024 U.S. elections drew nearer and retail trader participation grew.<\/p>\n","protected":false},"author":9,"featured_media":25144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-141840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Exchange 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