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The U.S. election of Donald Trump as president led to a surge in the digital-asset market, reflecting expectations of a crypto-friendly administration.
Binance Coin (BNB) has exceeded $600, indicating bullish momentum despite trading 20% below its expected value. Although market sentiment is cautiously optimistic and technical indicators suggest neutrality, increased trading volume and token burns are boosting long-term positive sentiment.
WazirX plans to launch a decentralized exchange and introduce staking services, according to founder Nischal Shetty.