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Bybit "Ethereum to Rise Over 4000 Dollars Before Trump's Inauguration"

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Son Min
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  • "Donald Trump, the U.S. President-elect, is expected to see Ethereum's value rise over 4000 dollars before his inauguration."
  • "Bybit and Blocks Pulse reported through a report that Ethereum's upward potential is higher than Bitcoin."
  • Despite the decrease in the overall virtual asset market trading volume, Ethereum's trading volume is steadily increasing.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Donald Trump, the U.S. President-elect, is expected to see Ethereum rise over 4000 dollars before his inauguration. On the 28th (local time), Bybit and the analysis firm Blocks Pulse reported that "Ethereum will rise over 4000 dollars before Trump's inauguration," and stated that "after the announcement of the SEC chairman's appointment, Ethereum is showing better performance than Bitcoin." Furthermore, they explained that "while Bitcoin futures contracts decreased, Ethereum futures contracts increased," and that "despite the decrease in the overall virtual asset market trading volume, Ethereum's trading volume is significantly increasing."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit