SEC Chair’s Optimistic Remarks Boost Crypto Sentiment

The recent appointment of Paul Atkins as the new SEC chair has sparked optimism within the cryptocurrency sector. Following Gary Gensler’s departure, the market appears to be responding positively, with hopes for a more supportive regulatory environment. This positive shift is further fueled by the EU’s willingness to negotiate on tariffs, signaling potential easing of regulatory tensions. However, the short-term market reaction remains influenced by the lingering effects of tariff discussions.