{"id":40538,"date":"2025-06-10T11:35:34","date_gmt":"2025-06-10T11:35:34","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/10\/why-are-bitcoin-and-other-crypto-prices-rising-today\/"},"modified":"2025-06-10T11:35:34","modified_gmt":"2025-06-10T11:35:34","slug":"why-are-bitcoin-and-other-crypto-prices-rising-today","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/10\/why-are-bitcoin-and-other-crypto-prices-rising-today\/","title":{"rendered":"Why are Bitcoin and other crypto prices rising today?"},"content":{"rendered":"
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Bitcoin and most altcoins rose this week, with the former surging to over $110,000 for the first time in weeks. It has jumped by over 50% from its lowest level in April this year. <\/p>\n

This jump has triggered more gains among altcoins like Fartcoin, AAVE, Dogwifhat, and Uniswap. As a result, the market capitalization of all coins has jumped to over $3.4 trillion, while the 24-hour volume soared by 38% to $130 billion. Let\u2019s explore the top three reasons why Bitcoin and altcoins are going up.<\/p>\n

SEC crypto roundtable<\/h2>\n

The first main reason why Bitcoin and other crypto prices are going up is that the Securities and Exchange Commission (SEC) held the first decentralized finance (DeFi) roundtable featuring the biggest players in the industry.<\/p>\n

In a statement, Paul Atkins noted that the SEC supported the industry and the role of self-custody. He also criticized Gary Gensler, the previous regime of Gary Gensler, which focused on lawsuits against companies like Uniswap, Kraken, Coinbase, and Immutable. <\/p>\n

Analysts believe Atkins will continue supporting the industry, including filing fewer lawsuits and approving ETFs on crypto coins like XRP, Polkadot, Stellar, Hedera Hashgraph, and Tron.<\/p>\n

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Adrian Dittmann<\/span><\/div>\n
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@AdrianDittmann<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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SEC Chair Paul Atkins announces that DeFi platforms will be exempt from regulatory restrictions.<\/p>\n

He\u2019s also stated that \u201cThe right to have self custody of one’s private property is a foundational American value that should not disappear when one logs on to the internet.\u201d<\/span><\/p>\n

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