On March $USDC 7, 2025, the first-ever #WhiteHouseCryptoSummit took place at the White House, organized by President Donald Trump. The event brought together leaders of the crypto industry, including heads of Coinbase and Gemini, to discuss the creation of a strategic Bitcoin reserve for the United States. The day before, Trump signed an executive order to form a reserve from confiscated digital assets, signaling support for cryptocurrencies. Under the leadership of "crypto king" David Sachs, the summit highlighted a shift in policy from regulatory pressure under the Biden administration to the promotion of innovation. Bitcoin, despite a 5% price drop, remains in the spotlight.