#BitcoinPolicyShift The White House Crypto Summit, taking place today (March 7, 2025), could mark the launch of the U.S. Strategic Crypto Reserve. Led by David Sacks, the event will feature industry leaders and discuss including assets like Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) in the reserve.
The summit follows an executive order signed by Trump in January to boost the crypto industry in the U.S. Alongside the reserve, there are rumors of potential tax exemptions for crypto projects based in the country. This news has triggered market fluctuations, with some cryptocurrencies experiencing sharp drops after the announcement.
In my opinion, this feels almost like a lottery—no one really knows what to expect. These developments keep shifting the market between bullish and bearish sentiment, making it feel almost kaguruish, with constant highs and lows leaving investors uncertain about what’s next.