Bitcoin stabilizes in the $105,000 range thanks to Trump's appointment of crypto-friendly people to key positions at the SEC and CFTC

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ODAILY
01-22
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Odaily reports that Bitcoin has stabilized around $105,000, with analysts attributing the recent market calm to Donald Trump's new appointments to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have eased the volatility that occurred during his inauguration. It is reported that President Trump has appointed senior SEC official Mark Uyeda to temporarily lead the agency until a permanent chairman is appointed. Mark Uyeda has previously been outspoken in criticizing the SEC's cryptocurrency policies under former chairman Gary Gensler, calling their enforcement policies "ill-conceived" and urging for more clear-cut regulations on cryptocurrencies. (TheBlock)

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