Ethereum Recovers Amidst U.S. Government Uncertainty

Ethereum’s price is experiencing renewed strength despite ongoing uncertainty surrounding the reopening of the U.S. government, a move which has historically been supportive of cryptocurrencies. According to Liquid Capital founder Yi Lihua, Ethereum has begun a rebound, and this comes even as industry policies remain favorable in light of the current situation. Notably, the Commodity Futures Trading Commission (CFTC) is exploring allowing stablecoins as tokenized collateral. Yi Lihua remains confident in future market trends and suggests a buy-the-dip approach.