Crypto Community Celebrates Paul Atkins’ SEC Appointment; Market Rallies

Paul Atkins, a vocal advocate for cryptocurrencies, has been sworn in as the new Chair of the US Securities and Exchange Commission (SEC). This appointment sparked widespread enthusiasm within the cryptocurrency community, evident in social media reactions celebrating the change in leadership. 7% gains in Bitcoin’s price, reaching over $93,000 on the day of Atkins’ official swearing-in, are being interpreted as a positive indication of market optimism.