#WhiteHouseCryptoSummit
A Shift in Policy Under the Trump Administration and Market Reaction
This summit represents a major shift from the previous administration's policies. It aligns with President Donald Trump's executive order aimed at establishing a strategic Bitcoin reserve.
Following these announcements, Bitcoin's price dropped by approximately 7.3%, a movement widely interpreted as a "sell-the-news" event. President Trump's executive order allows the U.S. government to acquire Bitcoin solely through asset seizures and budget-neutral strategies, without incurring additional debt or burdening taxpayers.