The unexpected resignation of Gary Gensler, the SEC Chair infamous for his aggressive stance on crypto, has shaken the markets. During his tenure, he targeted giants like Binance and Coinbase, leaving a trail of legal turmoil and uncertainty. But with his departure, are we witnessing a new dawn for crypto? 🌅
Here’s the current scene:
💰 $BTC is trading at $98,435, rebounding from an intraday low of $92,192. After Gensler’s exit, optimism surged, pushing BTC closer to the $100K mark.
📈 $ETH is holding strong at $3,483, with a high of $3,558 today. The potential for regulatory relief has injected bullish energy into ETH, up 9% from the previous close.
🔥 What’s next? The crypto world is buzzing with speculation:
➡️ Will Gensler’s replacement ease the SEC’s chokehold on digital assets?
➡️ Could this mark the start of a friendlier era for U.S. crypto markets?
🎯 With the market bracing for potential policy shifts, some are already calling this a buying opportunity for long-term believers.
buying opportunity for long-term believers
Disclaimer: Always do your research before investing. The market remains volatile!