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Ethereum Price Reaches $2,800 as Trump Wins Presidency

  • Ethereum's price surged over $2,800, a 10% increase, following Donald Trump's election victory.
  • Trump's campaign promises to make the U.S. a cryptocurrency hub contributed to the optimism in the market.
  • DeFi indexes rose by an average of 22% in the past 24 hours, indicating increased optimism for the DeFi sector under Trump.
  • Technical indicators suggest that the bullish momentum for Ethereum will continue.

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