The cryptocurrency market is back in the green on Tuesday following a volatility-driven correction on Monday as investors anticipated the release of the United States (US) Consumer Price Index (CPI) data.
Paul Atkins, Chair of the Securities & Exchange Commission (SEC), shared a bullish outlook for crypto regulation in the US in a recent speech. Chair Atkins said the changes within the commission’s approach to crypto firms could usher in the “golden age” for crypto during the Trump administration.
Dogecoin (DOGE) leads the retreat of meme coins, trading at $0.2251 on Friday. The decline reflects risk-off sentiment building after cryptocurrency prices generally rallied over the past three weeks, pushing the total market capitalization above the $4 trillion mark.