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$BTC #WhiteHouseCryptoSummit #USCryproReserve The dominant cryptocurrency traded above $83,000, while gold soared past $3,000 for the first time, as tariff-wary investors chose it as a safe haven asset. Gold Soars Past $3K While $BTC Chugs Along Above $83K Bitcoin (BTC) saw modest gains over the past 24 hours, rising 0.76% to $83,486.74, though it remains down 6.14% over the past week. Meanwhile, gold reached as high as $3,004.86, an all-time high. BTC however, continued experiencing volatility as it traded within a 24-hour range of $79,931.85 to $83,465.91. #USCryptoSummit

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$BTC #WhiteHouseCryptoSummit #USCryproReserve Back in 2009 when #BTC was first released, visionary cryptographer and Bitcoin pioneer Hal Finney boldly predicted that each Bitcoin could one day reach a staggering $10 million in value. Hal Finney’s prediction was not based on mere speculation but rather on a thoughtful analysis of Bitcoin’s potential as a global payment system. Finney envisioned a scenario where the collective value of Bitcoin would align with the total wealth of the world, which he estimated to be within the range of $100 trillion to $300 trillion dollars at the time. By dividing this value among the limited supply of 21 million Bitcoin, his calculation resulted in an astonishing value of $22,074,619 per Bitcoin. At the time, Hal’s prediction may have seemed highly speculative or even absurd to a casual observer at the time. However, in 2024 — many people today share his opinion about Bitcoin’s price potential. #USCryptoSummit

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$BTC #WhiteHouseCryptoSummit #USCryproReserve Bitcoin is a decentralized digital currency that was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi. It is the first cryptocurrency and remains the most well-known and widely used. Bitcoin operates on a peer-to-peer network, allowing users to send and receive payments without the need for intermediaries like banks or payment processors. #BTC has revolutionized the way people think about money and finance. As the first cryptocurrency, it has paved the way for thousands of other digital currencies and has sparked a broader conversation about the future of money, banking, and the role of technology in financial systems. Despite its challenges, Bitcoin continues to be a significant player in the evolving landscape of digital assets. #USCryptoSummit

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$BTC #WhiteHouseCryptoSummit #USCryproReserve $BTC dropped below $80,000 on Monday, hitting $77,459 before slightly recovering to $79,085. The drop marks a 14% decline over the past week, with Ethereum also plunging to $1,810, its lowest since November 2023. Other major cryptocurrencies faced sharp losses, with Solana down 9% to $121, Cardano falling 10% to $0.69, and Dogecoin losing 13% to trade at $0.16. The sell-off comes amid broader financial market declines. The Nasdaq fell over 3%, and the S&P 500 dropped 1.8% as traders reacted to economic uncertainty. Investors are bracing for upcoming inflation reports, including the Producer Price Index and Consumer Price Index, which could indicate whether inflation remains a concern. Crypto markets have been under pressure for weeks, with institutional investors cutting exposure to digital assets for the fourth consecutive week. Digital asset investment products saw $876 million in outflows last week, bringing the four-week total to $4.75 billion. Bitcoin alone accounted for $756 million in outflows, bringing the total assets under management (AUM) in digital funds down to $142 billion, the lowest since mid-November 2024. #USCryptoResreve

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