Forget the Michael Saylor Meme… Bitcoin’s $90K Blast Started When Trump’s SEC Pick Got Sworn In

Bitcoin just punched through $90,000 again, and the internet did what it always does when that happens… “WE ARE SO BACK BABY!”.

Leading the parade, of course, was Michael Saylor… the man, the myth, the over-leveraged. He fired off an AI-generated image of himself scaling Mount Everest in monk robes with the caption “Bitcoin is climbing.” It’s unclear if the image was meant to inspire or just scare children. Either way, he followed it up by buying another $555 million in Bitcoin.

But while everyone was distracted by Saylor’s Midjourney mountain cosplay, something way more important happened: Trump’s new SEC chairman, Paul Atkins, got sworn in.You probably missed it because it didn’t come with a hype video or laser eyes, but this was the real event of the week.

Atkins is now the guy in charge of the agency that used to treat crypto like a pyramid scheme (ironic right?). And unlike Gensler, who spent the past three years suing everyone with a Ledger wallet, Atkins is... well, pro-crypto. Painfully pro-crypto. The man has $6 million in crypto-related assets and used to run a consulting firm that basically told blockchain startups how not to get arrested.

In fact, he’s already promised to give crypto a “rational and coherent framework,” which is D.C. code for “crypto scammers are welcome now.”

And look at the timing… the moment Atkins took the oath, Bitcoin’s muscles started bulging like it just got a shot of testosterone. Coincidence… Maybe. But if you’ve been waiting for the SEC to stop acting like the fun police at a frat party, this is your moment. Let’s not forget… 72 crypto ETFs are sitting in approval limbo, waiting for someone with a pulse to hit “yes.” Under Gensler, that meant waiting until the heat death of the universe. Under Atkins, people are already placing bets which one will be first (kind of like it’s the NFL Draft).

Atkins was confirmed with a 52-44 Senate vote. Democrats tried to block him, with Elizabeth Warren blaming him for, you know, the entire 2008 financial crisis, but the GOP had the numbers. Now he’s in, and the market is pricing in a softer SEC and a greener light for crypto innovation.

The market got the message loud and clear. Crypto assets rallied, not just on technical momentum or macro signals, but because it now looks like Washington is finally ready to play ball… at least under this administration.

Add that to a weakening dollar, growing chatter about U.S. Treasury buybacks, and ongoing pressure from Trump on Jerome Powell to cut rates, and you’ve got a perfect setup for digital assets. Traders are pricing in easier monetary policy and fewer regulatory hurdles… a perfect mix for a big rally. Call it what you want, but one thing’s clear: the SEC just stopped swinging a hammer at crypto... and started passing out cigars.

PS: The headlines are full of panic… inflation’s too high, the Fed’s asleep at the wheel, and Trump never fails to kill any market momentum with more tariffs. On the surface, it looks like the market’s barely breathing.

But underneath all that noise?

We’re seeing some of the fastest stock moves in years… especially in the small-cap space, where low float and high tension can trigger a 100% pop before lunch. Some are up 200% in under 24 hours… and nobody on CNBC is talking about them.

Except us.

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Stock.News does not have positions in companies mentioned.