Bitcoin (BTC) reached a stunning all-time high of $76,600, buoyed by the electoral victory of Donald Trump in the U.S. presidential race.

Ethereum's ETH rallied by 8% within the past 24 hours, showing strong performance and drawing attention from investors ahead of the Federal Reserve's upcoming policy meeting.

• The CoinDesk 20 index rose 4.3% in the same period, indicating a positive trend in various cryptocurrencies.
• Bitcoin's recent highs have reignited discussions about potential bullish trends in the decentralized finance sector.

"Now that BTC has finally pushed through $75,000 and ETH has broken back above $2,800 the stage is set for what could be a strong close to 2024 and bright outlook in 2025," said Joel Kruger, a market strategist at LMAX Group.

"Ahora que BTC finalmente ha superado los $ 75,000 y ETH ha roto nuevamente por encima de $ 2,800, el escenario está listo para lo que podría ser un cierre fuerte para 2024 y una perspectiva brillante para 2025."

While other cryptocurrencies have also seen gains, such as Cardano (ADA) rising 10.4% and Solana (SOL) climbing 5%, it remains to be seen how this price action will be influenced by the upcoming FOMC decision regarding interest rates.