Will SEC’s Crypto Task Force spark a new Bitcoin rally?

AMB Crypto 10 months ago 160

‘Crypto Task Force’ is the first major move from the new administration for the crypto market.
The blurring line between regulation and market movement – bullish signal or bearish warning?

One regulatory green light and the crypto market cap surged 3.70%. Bitcoin’s[BTC ($87,672.00)] 3.56% jump says it all.

With talk of ‘more to come,’ the line between regulation and market movement is getting fuzzier. As FOMO-driven “hype” heats up, will it be enough for Bitcoin to deliver on its bullish Q1 promise?

A ‘Crypto Task Force’: The first of many?

Investors are starting the New Year with a clear message: no more empty promises – action is required. Enter the SEC’s newly announced ‘Crypto Task Force,’ designed to tackle crypto regulation head-on. The market’s response was swift and decisive.

This year’s dominant theme is a shrinking risk appetite. While it drives caution, it also spurs greater volatility. The ‘Trump pump’ after the inauguration didn’t play out, and BTC saw major profit-taking, dipping 6.4% the same day it hit a record $109K.<...>

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