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Article Summary
- Ether price surges by 10% following Trump's victory in the US presidential election
- DeFi projects experience a bullish trend as a result of the election outcome
- The overall sentiment in the cryptocurrency market is positive, with increased interest in DeFi
- Analysts predict further gains for Ether in the near future
- The article was written by Sebastian Sinclair and has an informative and neutral tone.
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Ether Surges 10% As Trump Victory Brings Back DeFi Bullishness
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the familys backing of World Liberty Finance - riling up DeFi-focused trades.
https://www.coindesk.com/markets/2024/11/07/ether-...
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