Okay guys, I didn’t solve the issue yet however to make sure I’t not my current configuration/installations fault here is what I did.
I flashed a brand new SD card with the latest version from github 8.4 and tried to boot my raspberry pi 4 connected to a screen. It starts booting but after 5 seconds crashes (without visible error) and reboots again infinite times.
I took the same SD card and flashed version 7.6 and it boots up like a charm. Tried newer versions higher than 7.6 without success. Therefore I assume there is an issue with the newer versions not beeing supported by my hardware?