BTC hits a HIGH of 103,550 USD: Paul Atkins’ nomination as SEC chair brought a wave of Optimism in the crypto community, resulting in Bitcoin (BTC) reaching 103,550 USD. This spike indicates the anticipation of more favorable regulations under Atkins, a shift from Gary Gensler’s stricter approach.

Atkins favors regulatory clarity: Atkins pushes for clearer rules distinguishing securities from commodities in crypto. Known for easing market access, he might transform the U.S. into a leader in blockchain innovation. In contrast, Gary Gensler’s tenure was marked by treating cryptocurrencies as securities, leading to legal battles.