Cryptocurrency markets continue to record collective gains, with Bitcoin leading these continuous increases since the end of the US elections and the announcement of the victory of Republican candidate Donald Trump, as Bitcoin reduces its increases and trades at levels of $98,000, down 0.20% today, Sunday, while recording weekly gains of more than 7% and recording gains of about 40% in two weeks since the US elections and the entry of strong liquidity from investors and an increase in risk appetite in the markets, so that the market value approaches levels of $2 trillion.

The combined market value of cryptocurrencies, according to the Coingecko website, which includes more than 15 thousand digital currencies, has risen in the last 24 hours by more than 2% today, Sunday, trading at $3.47 trillion. These increases come after the newly elected President Trump pledged to make the United States of America a capital for digital currencies and push for legislative changes that may support digital currency markets and remove obstacles facing them.

In a related context, President-elect Trump chose the manager of the hedge fund that supports digital currencies, Scott Bessent, as US Treasury Secretary, which constituted additional support and positive momentum for the cryptocurrency markets and exchange-traded funds in them.

The most expensive digital currency in the world (Bitcoin) is trading at levels of $98,100 thousand, down by about 0.70% with a market value of $1,930.844 trillion.

In contrast, Ethereum, the second largest digital currency by market value, is trading up by about 0.20% and is trading at $3,357 thousand with a market value increase to $404 billion. Dogecoin is down by about 9.68% trading at $0.4208 with a market value decrease to $61 billion and weekly gains of about 16%, while Cardano is down by about 3.70% and is trading at $1.02 and a market value estimated at $35 billion.

Solana is trading at $249 with losses of about 1.48% and a market value estimated at $118 billion, while Shiba Inu is up by 5% weekly despite today’s declines of about 4% trading at $0.00002557 with a market value increase to $15 billion.

Ripple XRP is down about 3% and is trading at $1.40 with a market value of $79 billion, with weekly gains exceeding 30%, while Stellar is leading the gains of the 20 most powerful digital currencies in the world with weekly gains exceeding 180% and today’s gains of 25%, trading at $0.5543 with a market value of $16 billion.