BREAKING
437d 18h ago

Will Trump’s Inauguration Signal Bitcoin Compliance Boost? Analyst Insights on SEC Control

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

COINOTAG News reported on November 26th that TD Cowen analyst Jaret Seiberg issued a research analysis indicating that, following Donald Trump’s inauguration on January 20, 2025, there is a significant likelihood he will “swiftly assume control of the U.S. Securities and Exchange Commission.” This development is anticipated to create a favorable environment for cryptocurrency regulations, potentially easing stringent enforcement measures currently in place. Analysts suggest that such a shift could lead to a more compliant ecosystem for digital assets, enhancing the legitimacy of cryptocurrency transactions across the United States. As the regulatory landscape evolves under a new administration, stakeholders in the crypto market are closely monitoring these potential changes that could foster innovation and broaden acceptance within the financial industry.

Share News:
Don't Miss Breaking News