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ETH to $4K before Trump inauguration, Dogecoin flips Porsche: Finance Redefined
Ether’s price is set for a boost above $4,000 as Trump prepares to take office on Jan. 20, which also marks the last day of work for SEC Chair Gary Gensler.
ther’s price may be set to breach $4,000 as investor optimism is growing ahead of United States President-elect Donald Trump’s inauguration on Jan. 20, which coincides with the last day in office for Securities and Exchange Commission Chair Gary Gensler — a shift associated with decreasing regulatory scrutiny on the crypto industry.
Adding to crypto investor enthusiasm, Dogecoin has exceeded the market capitalization of German carmaker Porsche, partially driven by Elon Musk’s endorsements and a potential ETP.