Ethereum $ETH Surpasses 3,000 USDT with a 10.47% Increase in 24 Hours
On Dec 02, 2025, 15:43 PM(UTC). According to Binance Market Data,#ETH has crossed the 3,000 USDT benchmark and is now trading at 3,005.560059 USDT, with a narrowed 10.47% increase in 24 hours. $BTC $SOL
The overall cryptocurrency market is currently showing signs of a recovery or consolidation phase following a period of strong selling pressure, though the broader trend for the year remains bearish for most major coins. Bitcoin #BTC $BTC has rebounded significantly from its recent lows of around $80,000 to trade above the $90,000 mark, currently hovering around $91,000–$92,000. This rebound follows a steep 30% correction from its earlier peak. Key Resistance: Analysts are watching the $93,000 to $94,000 range as the next major hurdle for a continued bullish push. Ethereum #ETH $ETH is trading above the $3,000 level, showing similar signs of recovery. Market Sentiment: The Fear & Greed Index has recently climbed, suggesting a gradual increase in investor confidence, though overall sentiment remains cautious.
First Term Skepticism (Pre-2024): Initially, Trump expressed strong reservations about cryptocurrencies. In 2019, he stated he was "not a fan of Bitcoin and other Cryptocurrencies," calling them "not money" and "based on thin air," also raising concerns that they could "facilitate unlawful behavior." He also stated in 2021 that Bitcoin "seems like a scam" that competes with the U.S. dollar, which he prioritizes as the world's currency.
Second Term Embrace (2024 - Present): During his 2024 campaign, his position shifted dramatically to being crypto-friendly and pro-innovation. He declared himself the "crypto president," and his administration has since taken several actions to promote the sector.