Bitcoin traders are closely watching the Friday Crypto Summit as potential regulatory shifts could shape the future of Bitcoin and other assets.
President Donald Trump will host the White House Crypto Summit on March 7, bringing together industry leaders to discuss digital assets, regulation, and innovation.
Trump's proposal to create a U.S. Crypto Strategic Reserve led to a short-lived Bitcoin rally, but its impact remains uncertain as traders eagerly anticipate the summit.
While Bitcoin hovers around $90,000 and shows signs of potential upside, recent ETF outflows and caution from some investors reflect uncertainty ahead of the summit.