Gary Gensler’s departure from the US Securities and Stock Exchange Commission (SEC) chairmanship created a positive atmosphere in the crypto currency market. Paul Atkins, the new presidential candidate, attracted attention among investors. Investors closely monitor the effects of management change on crypto currency regulations. Bitcoin with these developments $87,835.52Ripple $2.47 And token like Bonk came up again.
The change in SEC increased crypto money hopes
The departure of Gary Gensler was a long -awaited development by investors. Gensler, known for its harsh regulatory approach, applied pressure on many projects in the crypto money market. Paul Atkins, who is expected to replace it, is thought to be more liberal and market -friendly attitude. Atkins is expected to participate in the approval session in front of the Senate Banking Committee in March 2025. Following this approval, it is said that there may be a process of starting a rapid task.
The appointment of the new president is considered as a signal that regulatory uncertainty may decrease. It has caused a positive atmosphere especially in terms of crypto money market. Experts say that this change in the SEC can both increase market confidence and pave the way for new projects. These expectations direct investors to develop new strategies.
It is stated that the differentiation in SEC’s approach can contribute to the more adoption of crypto currencies. It is predicted that some of the attempts slowing down during the Gensler period may be accelerated. This change has increased the interest in large -volume tokens.
Bitcoin, Ripple and Bonk on the radar of investors
Bitcoin, the biggest crypto currency of the market, gained the momentum of rise again with these developments. According to analysts, clearer and more investment -friendly arrangements can prepare the ground for Bitcoin’s value. At a time when the US discusses the strategic Bitcoin reserves, the regulatory security also increases the interest of investor. The global adoption of Bitcoin makes it a priority in portfolios.
On the Ripple side, long -standing legal processes can be evolved in a new direction after gens. Ripple has left some stages behind in his case with SEC. The separation and potential regulation improvements of the Gensler may cause positive price movements for Ripple. The decrease in legal risks supports the token’s rise again.
Although the Bonk was a new token, it showed a remarkable rise. Solana -based Bonk has experienced an increase of up to 30 %in recent weeks. Analysts say that this token can offer opportunities for investors in the short term. Bonk’s social media interest and community support strengthens the expectation of rise.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.