Trump’s Crypto Summit Disappoints the Market

🔲On March 7, the White House hosted a crypto summit organized by Donald Trump. The community had high expectations for major announcements, but the event turned out to be largely ceremonial. The president briefly mentioned the U.S. crypto reserve and a potential partnership with FIFA for token issuance.

🔲Industry leaders’ speeches mainly consisted of praise for Trump, drawing criticism from analysts. Popular trader Clemente remarked that crypto enthusiasts had turned into government supporters.

🔲Disappointment over the summit led to Bitcoin dropping below $90,000.