BREAKING

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

BTC

BTC/USDT

$65,871.80
+2.38%
24h Volume

$14,521,602,722.63

24h H/L

$65,995.00 / $63,678.83

Change: $2,316.17 (3.64%)

Long/Short
59.1%
Long: 59.1%Short: 40.9%
Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$65,872.47

0.19%

Volume (24h): -

Resistance Levels
Resistance 3$71,025.16
Resistance 2$68,137.57
Resistance 1$65,896.82
Price$65,872.47
Support 1$64,786.80
Support 2$61,834.89
Support 3$59,130.91
Pivot (PP):$65,740.49
Trend:Downtrend
RSI (14):42.1

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.

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