SEC Vote Looms as Crypto Prices Hold Steady
Crypto prices remain steady ahead of the SEC's vote on its first formal crypto rulemaking proposal. Bitcoin trades near $63,269, up 0.4% through today's session, while Ethereum holds above $1,880, gaining 0.2% over the past day.
The SEC meeting, which marks the first formal crypto rulemaking under Chair Paul Atkins' tenure, has added fresh regulatory weight to the market. The proposal aims to introduce a tailored offering regime that would let crypto projects raise capital without full securities registration.
Market analysts are cautious, with some warning against chasing short-term moves until stronger ETF demand confirms a clear breakout. Others note that Bitcoin remains stuck below $64,000 despite softer inflation data easing September rate hike odds.