Trump's Changing SEC Regulations and Encouraging CPI Report Help Pump Crypto Markets


πŸ“ˆ Two US-themed bullish news stories have hit crypto today, causing Bitcoin to rise as high as $99.7K and altcoins to surge:

πŸ‡ΊπŸ‡Έ Donald Trump has announced that his upcoming presidency is planning for immediate friendlier SEC rules, clearer token guidelines, and less legal restrictions following his inauguration next week.

πŸ‘· US inflation reports show cooling inflation and more optimism of further Fed rate cuts, which would immediately favor crypto growth. Though the hawkish FOMC meeting last month contributed to a cryptocurrency top, traders are hoping that this slightly changes their decisions on slowing rate cuts in 2025.

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