The US Securities and Exchange Commission (SEC) has handed crypto companies their first policy win, sending Bitcoin prices soaring. The initial disappointment with Trump’s crypto policies seems to have subsided, with Bitcoin gaining momentum after the announcement.
Analysts warn that volatility remains until concrete crypto policies are announced, but for now, the news is a positive one for the industry. However, some critics point out potential conflicts of interest in Trump’s crypto ventures, adding another layer of complexity to the situation.
Source: https://www.reuters.com/technology/bitcoin-trump-slide-waiting-crypto-president-trumps-promises-2025-01-21