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What to Expect in Bitcoin, Ethereum, and Solana After the Great White House Cryptocurrency Summit? Analysis Company Warned!
US President Donald Trump has become one of the most influential factors in the cryptocurrency market, and his statements and moves can cause the market to rise or fall.
At this point, while expectations are increasing that Trump may announce the creation of a strategic Bitcoin (BTC) reserve ahead of the White House Cryptocurrency Summit on March 7, which Trump will host, STS Digital warned investors after the White House crypto summit.
According to Coindesk's report, digital asset trading firm STS Digital warned about the increasing market volatility for Bitcoin (BTC) following the crypto summit at the White House on March 7th.
STS Digital said that after the summit, the price could experience approximately $5,000 price fluctuations in both downward and upward directions.
STS Digital Asia President Jeff Anderson said Deribit option data showed investors were prepared for post-peak volatility.
Anderson indicated that investors are prepared for volatility in Ethereum (ETH) and Solana (SOL) as well as Bitcoin.