$TRUMP On Tuesday, U.S. President Donald Trump announced that the cryptocurrency industry is in urgent need of regulatory certainty and clear rules to follow.

He believes that Paul Atkins, the newly appointed chair of the Securities and Exchange Commission (SEC), is the ideal person to provide this guidance.

During Atkins' swearing-in ceremony as chair of the SEC, Trump emphasized the urgent need for clear regulatory rules in the cryptocurrency industry, a sector eagerly awaiting such direction.

In other news, Bitcoin, one of the leading cryptocurrencies, saw a 6.5% increase in value over the past 24 hours, trading in the range of $90,000.