Earlier, Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), stated on Wednesday that the '21st Century Financial Innovation and Technology Act' (FIT 21) could harm investors' interests and hinder the work of the SEC. The House of Representatives is expected to vote on the bill later Wednesday.
As I said, the White House under Joe Biden, like it or not, has to soften this year regarding cryptocurrency regulations, because it will have a big impact on Joe Biden's vote in the upcoming presidential election. There's no reason not to be bullish,
Approved BTC ETF
The FIT21 Cryptocurrency Bill passed in the US Congress
We will face lower interest rates in the summer
The US Presidential Election encourages the market to remain in very good condition,
$BTC $ETH $SOL #BTC #2024_BULLISH #moon #marketfly #SECvsCrypto
