Ethereum Price Surge Amid National Reserve Speculations
- Ethereum price increased by 6%, reaching $3,406.33.
- Market cap surpassed $410 billion; daily trading volume rose 34% to over $34 billion.
- Donald Trump’s DeFi project, World Liberty Financial, holds 74,228 ETH after a recent $10 million investment.
- Institutional interest grows with $29.2 million in USDT converted to Ethereum by five wallets.
- An executive order signed by Donald Trump aims to build a national digital assets stockpile.
The Ethereum price has seen a notable rise, driven by increased investments and speculation about its inclusion in the US national reserves following an executive order from Donald Trump.
Source (2.6)https://coingape.com/could-ethereum-price-reach-10000-if-eth-becomes-a-national-reserve-asset/?rand=24432