Ether (ETH) breaks $3,000, outperforming Bitcoin (BTC) after Trump's election victory and Fed rate cut

ETH, the world's second-largest cryptocurrency by market value, rose above $3,000 on Saturday, reaching its highest level since August 2, according to CoinDesk data. Prices are up 23.39% this week, the strongest increase since May, handily outpacing BTC's 11.2% rise. The total crypto market cap has increased by 13.5% to $2.5 trillion.