#CryptoMarketWatch

Crypto Summit Fails to Unite Industry, Raising Concerns Over Bitcoin’s Future

The White House Crypto Summit held on March 7th did not achieve the anticipated consensus in the Bitcoin and cryptocurrency sector. While some attendees hailed the event as a historic step, the notable 7.3% drop in Bitcoin’s price and a $370 million outflow from exchange-traded funds (ETFs) drew attention. The Trump administration’s plans for strategic reserves disappointed cryptocurrency advocates.