1inch [1INCH] extended the gap from its recent lows in the last 24 hours. This was courtesy of the new found excitement related to Trump winning the U.S elections. But will this extended recovery be short-lived or is it the start of bullish times ahead? 1INCH has been struggling to escape its bottom range since August and had given up most of the gains achieved in the last 12 months. However, the bulls attempted another take-over attempt, which yielded a 15% rally from its latest bottom range. Most of the top cryptocurrencies registered a significant upside in the last 24 hours, courtesy of the hype around Donald Trump winning the U.S elections. It is worth noting that the rally commenced after 1INCH retested a major support line at the $0.22 price level.
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Next year, Norges Bank, Norway's central bank, will decide on the potential establishment of its own central bank digital currency (CBDC).
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