The Crypto summit is almost here, and it is also that the Bitcoin surge is part of a larger story than the token is currently. BTC is now part of the Crypto Strategic Reserve presented by none other than President Donald Trump. Trump is also about to host a Cryptocurrency summit on March 7, which can start important messages that catapulate BTC to new heights. But will it help Bitcoin Ace a new high beyond the $ 100K mark? Let’s find out.
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Cryptocurrency Summit and Bitcoin: Status Update
The new strategic reserve revealed how five large coins will be part of the larger story. The list contains Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Ripple (XRP) and Solaana (sun). The announcement came with a spree of immediate market reactions and put all these coins to grow at a rapid pace.
The expert’s opinion
As the Crypto summit approaches, David Sacks, Trump’s AI and Crypto Czar, have announced the launch of a Bitcoin Strategic Reserve and runs to to gather further speed.
“Just minutes ago, President Trump signed an executive order to establish a strategic Bitcoin reserve. The reserve will be used with Bitcoin owned by the federal government, which was forfeited as part of the criminal or civilian procedures. This means that it will not cost the taxpayers a penny. “
Sacks later shared how the US government is estimated to own almost 200,000 BTC but added how there has never been a complete review for the bill. Crypto Czar later shared how the United States will not sell any of Bitcoins collected in the reserve and will treat it as digital gold.
“It is estimated that the US government owns about 200,000 bitcoin; But it has never been a complete audit. EO leads a complete account of the federal government’s digital asset holdings. The United States will not sell any bitcoin deposited in the reserve. It will be held as a store with value. The reserve is like a digital Fort Knox for Cryptocurrency, often called “digital gold.”
Just minutes ago, President Trump signed an executive order to establish a strategic Bitcoin reserve.
The reserve will be used with Bitcoin owned by the federal government, which was forfeited as part of the criminal or civilian procedures. That means that …
– David Sacks (@Davidsacks47) March 7, 2025
Crypto Summit response
The Cryptocurrency summit, which will host on March 7 by the White House, is also an important development that takes place within the domain. The summit can initiate key -regulating clarity and policies that can further help BTC stabilize in the long term.
The token’s price in the midst of such a haussey development
Per CoinkodostBitcoin can grow to sit at a new price high at $ 116,000 at the end of March 2025.
“According to our current Bitcoin prize preliminary, the price of bitcoin can rise by 32.82% and reach $ 116 241 by April 6, 2025. According to our technical indicators, the current feeling is Baisse while fear & greed index shows 34 (fear). Bitcoin registered 14/30 (47%) Green days with 5.11% price volatility over the past 30 days. Based on the Bitcoin forecast, it is now a bad time to buy bitcoin. “
At the same time, the token may require the ambitious price of $ 150,000 in May 2025.
“According to our current Bitcoin prize preliminary, the price of bitcoin can rise by 73.51% and reach $ 151 845 by June 5, 2025. According to our technical indicators, the current feeling is Baisse while fear & greed index shows 34 (fear). Bitcoin registered 14/30 (47%) Green days with 5.11% price volatility over the past 30 days. Based on the Bitcoin forecast, it is now a bad time to buy bitcoin. “
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