The summit was about nothing
It took place without any loud statements or ideas. There was not even a conversation about crypto reserves, but more about the strengthening of the dollar through stablecoins.
At the crypto summit, Trump stated that he hopes to advance the stablecoin bill by the August recess of Congress. The crypto summit mostly consisted of official remarks discussing the progress of the industry under the Trump administration and expressing support and gratitude towards him. However, the community mostly reacted to the summit with dissatisfaction.
At the same time, Trump promised to make "America the BTC superpower of the world."
The Bitcoin chart reacted to this event completely neutrally without the increased volatility we all expected. I didn't even make a post on this topic at night. Most likely, the weekend will remain in low volatility. It's a pity that there was no increase in Bitcoin; if we don't close above 94500 and there is no positive news background, there is every chance to dip below 78k. Let's see how the weekend closes.
