Ethereum price is up four consecutive days, reaching its highest point since July 3rd.

ETH has rallied by 20% from its lowest point this month, entering a technical bull market. Ether token was driven by three key catalysts. First, there is optimism that Donald Trump is the more crypto-friendly candidate and will win the U.S. election in November, especially if Joe Biden doesn’t bow out from the race. 

These odds started rising after the first debate two weeks ago and accelerated after the former survived an assasisnation attempt over the weekend. Since then, many high-profile individuals like Elon Musk and Bill Ackman have officially endorsed the former president.

Trump is viewed favorably in the crypto community due to his support for the industry. He has sold NFTs as an …