Even in relatively older games that card should have problems. I play on 3x1080p screens (so only 75% the resolution of 4k), on a 2080 and there are problems if you want top settings at 60fps. Adding that extra resolution on top means dropping the settings even lower to compensate. Sure, some settings can be turned off or down without much loss (if any) of quality during gameplay, but still, I for one would not call that a 4k card unless you're willing to drop settings (potentially quite low) or accept lower than 60fps frame rate.
Right now the only card that I would consider to be ok for 4k would be a 2080ti. Of course, if you don't use RT, if you want RT, it's at best a 1080p card - and please don't bring DLSS or other methods that run the game at lower resolution.
As a consumer, I'm fascinated how some "defend" the increases in price. I would get it if you have some interest as a seller, but as a buyer?!
And then let's not forget that the world isn't just western Europe and Americas, other people don't have the financial power to buy expensive hardware. And yes, some will reply with "but that's not a necessity of every day life, it's a luxury!" and I would agree (not entirely, but would agree). However, having more people with stronger hardware available, would allow devs to target that hardware with more commitment (so a lower price is good for everyone), meaning we would actually possibly get bigger steps in game development year after year and not just when a generation of consoles changes into another.