#WhiteHouseCryptoSummit
White House Summit: Why Isn’t Crypto Rising? Here is why.
President Trump’s White House Crypto Summit was hyped, but the market yawned.
Why no price surge?
1. “Strategic Reserve” Reality Check:
• What Happened: Trump created a “strategic bitcoin reserve.”
• The Catch: It’s only existing seized Bitcoin—no new funds.
• The Disappointment: Investors wanted new capital flowing in.
2. No Altcoin Bonanza:
• What Happened: A “digital asset stockpile” includes alts like Ethereum/Ripple.
• The Catch: Limited to seized assets.
• The Disappointment: Altcoin hopes for direct purchases were dashed.