Post-Crypto Price Analysis 1-22: Bitcoin: BTC, Ethereum: ETH, Solana: SOL, Dogwifat: WIF, Hedera: Hbar, Stellar: XLM appeared on BitcoinetHereenws.com.
Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching all-time highs at one point as the Trump administration completed its first day in office. Markets were volatile but stabilized after the US Securities and Exchange Commission revealed plans to reform rules and regulations for the sector. BTC is trading around $105,846 and recorded gains of almost 10% over the past week. The crypto market has rebounded over the past 24 hours. Ethereum (ETH) rose nearly 3% to recover $3,300 and is currently trading around $3,342. Meanwhile, Ripple (XRP) is up 2.50%, while Solana (SOL) is up almost 8%, remaining above $250. Also recording significant gains were DogeCoin (Doge), Cardano (ADA), ChainLink (Link), Tron (Trx), Sui (Sui), Polkadot (DOT), and Litecoin (LTC). The Trump meme coin is also up nearly 15%, gaining an amazing 530% since launch. SEC Gives First Win of Trump Presidency New SEC leadership has announced the creation of a task force to develop a clear regulatory framework for digital assets. This is the first attempt by the Trump administration to reform encryption policy. Paul Grewal, chief legal officer at Coinbase, said the SEC is moving quickly on Trump’s agenda, saying, “The president has moved quickly on his agenda. The SEC has made it clear that they understand that and they want to be a part of that.” The task force was created. By Acting Chairman of the SEC, Mark Uyeda. Its primary goal will be to develop a clear and comprehensive regulatory framework for crypto assets. SEC Commissioner Hester Peirce will lead the task force. Pierce urged the public to collaborate with the SEC to shape the future of crypto. However, she added that the process requires significant time and effort. “This undertaking will take…