Yesterday, March 7th, the Crypto Summit took place at the White House with Trump and the big names in crypto (Saylor, Armstrong, Garlinghouse, etc.). Here’s the summary, why the market dropped, and what to expect in the short, medium, and long term:

• What happened: Trump said that the U.S. will not sell its 200,000 BTC, now its 'digital Fort Knox'. They discussed stablecoins to strengthen the dollar and clear rules without IRS nonsense. The U.S. wants to be the global crypto leader, let's go hard against China!

• Market sentiment: Full optimism, but BTC fell 4.3% to $86K due to profit-taking. On X, they say this is the start of something big, although there is caution today.

• Movements today: SOL -5% ($143), ETH -6% ($2,170), ADA -7% ($0.87), XRP -1.3% ($2.51).

• Why they dropped: The hype from the Summit led many to buy early, anticipating big announcements. With no immediate news (like massive government purchases), they sold to secure profits. BTC trembled and pulled altcoins down with it. Moreover, there is still no full clarity on regulations, which scares some. It’s typical: the rumor goes up, the news goes down.

• Short term (days/weeks): Pure volatility. We could see more drops if profit-taking or doubts about the laws continue. BTC could test $80K-$85K, and altcoins would follow their pace. But if there are clear signals from the government, a quick rebound!

• Medium term (months): If Trump keeps his promise of simple rules and support for stablecoins, the market will rise. BTC could reach $100K-$120K, and altcoins like SOL or XRP could surge by 50%-100%. Banks entering would be key.

• Long term (2025 and beyond): With the U.S. as the crypto leader, BTC could hit $180K and altcoins like ADA or SOL could see up to 200% according to experts. It depends on institutional adoption and fewer restrictions. The future looks brutal!

Today calls for a correction, but Trump’s support remains a bullish signal. What do you think?