Bitcoin (BTC) has expressed mixed reactions to the Crypto at the White House, where some investors described it as a historic day for Bitcoin and encrypted currencies, while others called the event.
Miles Deutscher encryption dealer He said This event was “huge positive” for Bitcoin, despite mixed reactions.
Kyle Samani, the administrative partner of Multicoin Capital and present at the top, Premium It is a “historic moment” for the coded currency industry.
After this event, the founder of the Coin Nic Puckrin Coin and CEO to request“Just look at the plans, can I assume that nothing is a pioneer from the top of the White House?”
President Trump and members of the Council of Ministers make comments to the White House encryption summit. source: White House
Justin Bickeler Al -Aqsa was in Bitcoin criticizing the meeting. “The White Crypto Summit is a gathering of pressure groups that seeks to search for rent that pays the monitoring symbols approved by the state,” bechler books On x.
The Trump’s White House encryption summit is a radical departure from the position of the previous administration towards the industry and followed President Trump’s executive order to create a strategic reserve for Bitcoin.
Related to: Trump transformed the encryption from the “oppressed industry” into the “axis” of the United States strategy
The markets interact with the top of the White House encryption and the executive matter
The Bitcoin price has decreased by about 7.3 % after the Bitcoin Strategic Reserve and the Crypto Summit at the White House at the Sell-THe News event that was widely interpreted.
The executive order of President Trump authorized the US government to obtain an additional BTC only by confiscating assets and neutral budget strategies that do not create additional debt, deficit or burden on the taxpayer.
This warning was disappointed by some of the maximum bitcoin, who were hoping to buy the United States government with an additional BTC activity for the reserve.
The current Bitcoin work. source: Tradingvief
The exchange funds on the Stock Exchange (ETFS) recorded $ 370 million in external flows in the wake of the announcement, as traders looked at the executive order as disappointing.
Most investors are now Predispay This bitcoin will disrupt the price level of $ 70,000 in March before recovering $ 100,000.
The disappointment of the last executive order and the negative prices that followed a discussion of whether Bitcoin had reached the top of the session or can still reach new horizons in 2025.
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