$ETH $XRP $SOL
Bitcoin (BTC): Currently trading at $85,992, reflecting a slight decrease of 0.005% from the previous close.

Market Overview:

Ethereum (ETH): Showing resilience with a 2.04% increase, now priced at $2,184.59.

XRP: Experiencing a minor decline of 1.27%, currently at $2.34.

Solana (SOL): Trading at $139.43, marking a modest uptick of 0.31%.

Key Developments:

U.S. Crypto Strategic Reserve: President Donald Trump's announcement of a U.S. strategic cryptocurrency reserve, encompassing assets like Bitcoin, Ethereum, Solana, Cardano, and XRP, initially spurred market enthusiasm. However, the rally was short-lived, with prices retracting following confirmations of continued tariffs on Mexico and Canada. investors.com

Upcoming White House Crypto Summit: Scheduled for this Friday, the summit is expected to address regulatory frameworks and potential policy shifts. While significant price movements aren't anticipated solely from the summit, stakeholders are keenly observing for any substantial legislative developments that could influence institutional adoption. marketwatch.com

Technical Insights:

Bitcoin: The recent dip below the 50-day moving average at $65,000 signals a bearish trend. The Relative Strength Index (RSI) stands at 42, approaching oversold territory, suggesting potential for further price corrections. blockchain.news

Ethereum: Despite a solo price surge to $3,500, analysts caution this could precede a broader market downturn. Traders are advised to monitor for potential profit-taking opportunities. blockchain.news

Investor Considerations:

The crypto market's current volatility underscores the importance of staying informed about policy changes and technical indicators. Investors should exercise caution, conduct thorough research, and consider macroeconomic factors and individual asset performance when making investment decisions.