#特朗普国会演讲
U.S. President Trump will host the first White House cryptocurrency summit on March 7, 2025, further solidifying his supportive stance towards the industry. The White House stated in a press release that Trump will deliver a speech at the summit, which will include notable founders, CEOs, and investors from the cryptocurrency industry, as well as members of the President's Digital Asset Working Group.
Prior to this, Trump signed an executive order on March 2, announcing the establishment of a strategic reserve of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). This move is seen as a signal of the U.S. government's active involvement in the cryptocurrency economy.
As a result of this news, the cryptocurrency market experienced significant volatility. Ripple (XRP) price surged past $2.93, increasing by over 30%; Solana (SOL) broke through $178, with a daily increase of over 24%; Cardano (ADA) saw a daily increase of nearly 72%. Bitcoin price also surpassed $94,000, rising nearly 10% in a single day.
The summit may discuss specific policies formulated by the President's Digital Asset Working Group, such as easing compliance requirements for cryptocurrency exchanges, adjusting the applicability of securities laws, and reducing regulations on decentralized finance (DeFi) platforms.
The market is closely monitoring the impact of this summit on crypto assets, anticipating the U.S. government's policy direction in the cryptocurrency field.