Eric Jackson, founder of EMJ Capital, recently discussed the potential impact of forthcoming U.S. Securities and Exchange Commission (SEC) regulations on the cryptocurrency market. In an interview with CNBC, Jackson suggested that the SEC's anticipated crypto regulatory policies might serve as a catalyst for Bitcoin's next bull run.
Jackson highlighted that increased global adoption and the United States' strategic Bitcoin reserves could play significant roles in driving Bitcoin's value upward. He noted that reaching the $100,000 milestone could prompt both institutional and retail investors to reevaluate their positions in the cryptocurrency market.
Historically, the Thanksgiving period has been associated with bullish trends in cryptocurrencies. Jackson emphasized that this time frame often acts as a springboard for positive market movements, suggesting that a robust market structure is on the horizon.
As the SEC prepares to introduce new regulations, market participants are closely monitoring how these changes might influence Bitcoin's trajectory and the broader cryptocurrency landscape.
