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Forbes: BTC hits $80,000 expected to rise, US SEC chairman reaffirms support for innovation releases positive signals.

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PANews
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5 hours ago
AI summarizes in 5 seconds.

PANews April 26 news, according to Forbes, U.S. SEC Chairman Atkins reiterated the advancement of "Project Crypto" and collaborated with CFTC to clarify the classification standards for crypto assets as securities, intending to release "innovation exemptions" to allow tokenized securities to be traded directly on-chain, ending the previous high-pressure model of "enforcement instead of regulation." Combined with support from the Trump administration, the regulatory shift is viewed as the most friendly policy in history, with strong expectations for institutional funding entry.

Currently, Bitcoin has rebounded from its February low of $60,000 to around $77,500, with the market focused on whether this regulatory dividend can help it stabilize above $80,000. Institutions such as MicroStrategy continue to increase their holdings, providing support for the price; at the same time, ETF fund inflows are strong, with a net inflow of $1.9 billion over seven days.

Atkins will deliver a speech at the Bitcoin conference on April 27, which may further release positive news. However, analysts warn that deep corrections have occurred after historical rebounds, and macro risks have not disappeared, so caution is needed for "bull traps."

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Selected Articles by PANews

31 minutes ago
The Ethereum Foundation has unstaked approximately 48.9 million USD worth of ETH, and the market is focused on subsequent selling trends.
1 hour ago
BTC broke through 78,000 dollars, with a daily increase of 0.86%.
2 hours ago
Analyst: 80,000 dollars becomes the core resistance for BTC, and after breaking through, it may face significant fluctuations.
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