Bitcoin's "halving", the approval of Bitcoin and Ethereum spot ETFs in the United States, and Trump's victory have driven the market value of cryptocurrencies to soar. According to Coingecko data, the total market value of cryptocurrencies has risen from about $1.60 trillion at the beginning of the year to a peak near $4 trillion. Among them, the price of bitcoin rose by 120.88% throughout the year. It broke through the 80,000, 90,000 and 100,000 dollar mark within a month after Trump's victory, and then gradually fell back after hitting a peak of $108,353, and is now hovering around $93,700. Ethereum rose 45.6% throughout the year.