The untrammelled ascent of bitcoin has occupied the attention of many market watchers of late, with Donald Trump’s election to the White House sending the cryptocurrency – and others like it – on an eye-watering tear. Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while Dogecoin, a so-called ‘memecoin’ which many crypto investors associate with Elon Musk, has more than doubled in the same period. But despite crypto dominating the column inches, there has been another…