Trump and Paul Atkins news propel BTC, SOL and SUI to 50-day highs
- On Tuesday, total crypto market capitalization hit a 52-day high of $2.74 trillion.
- Trump’s onslaught on Fed Chair Powell sparked further jitters in US stocks and bond markets, driving displaced capital towards crypto assets.
- Paul Atkins takes charge at the SEC, promising to prioritize a crypto regulation framework.
- Bitcoin rallied 4% to $91,200 while Solana and SUI broke key resistance levels at $140 and $2.35, respectively.
Cryptocurrency markets advanced further above the $2.8 trillion mark on Tuesday as United States (US) markets tumbled on President Donald Trump firing more critical shots at Fed Chair Jerome Powell. Market trends on the day show that Bitcoin, Solana and SUI emerged as top gainers by noon US…