| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107360.0300000000 |
| ETH | $2431.3370000000 |
| BNB | $648.0097000000 |
| XRP | $2.1824210000 |
| ADA | $0.5649111000 |
| SOL | $150.4351000000 |
| DOGE | $N/A |
| DOT | $3.3997000000 |
| LTC | $86.0274000000 |
| LINK | $13.3566800000 |
Category: CRYPTO NEWS
The post Bitcoin Traders Eye White House Crypto Summit for Next Big Move appeared on BitcoinEthereumNews.com. Bitcoin traders are closely watching the Friday Crypto Summit as potential regulatory shifts could shape the future of Bitcoin and other assets. The surge in Bitcoin ETF outflows coincided with market reactions to Trump’s weekend announcement about creating a U.S. Crypto Strategic Reserve. On March 7, President Donald Trump will host the highly anticipated White House Crypto Summit. The summit will bring together key industry leaders, including founders, CEOs, investors, and members of the U.S. President’s Working Group on Digital Assets. White House AI and Crypto Czar David Sacks will chair the event, which will be overseen by Working Group Executive Director Bo Hines. However, with little information available about the official agenda or expected outcomes, traders and analysts are left speculating about its potential impact on Bitcoin’s trajectory. Trump has made bold promises to establish the U.S. as the world’s crypto capital, a vision that aligns with his family’s growing ties to digital assets. The president recently revealed on Truth Social that the U.S. government is exploring the creation of a Crypto Strategic Reserve. This proposed reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). In the wake of this news, Bitcoin surged nearly 12%, driven by optimism surrounding the government’s recognition of digital assets. However, the rally was short-lived, and all eyes are now on the upcoming summit, as discussions on regulation, crypto tax policies, and innovation could play a crucial role in shaping the market’s next major move. Bitcoin Hovers at $90,000 Amid ETF Outflows Bitcoin (BTC) is currently trading at $90,076, having increased by 7.29% in the last 24 hours. If the current trend continues, Bitcoin may soon retest its Sunday high of $95,000, setting the stage for further upside in the near term. Technical indicators suggest…
2025-03-06T04:41:05+00:00