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Donald Trump to reportedly unveil Bitcoin reserve strategy at White House crypto summit

Key industry figures, including Michael Saylor and Brian Armstrong, to join Trump at White House crypto summit.

CryptoSlate

Mar 5

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Happy Wednesday!

In a week marked by significant developments in the crypto space, President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit, drawing in key figures like Michael Saylor and Brian Armstrong. Meanwhile, Bitcoin's recovery remains precarious, heavily influenced by geopolitical stability and strategic moves. The cryptocurrency's volatility has sparked record volumes in perpetual futures, outpacing fixed-expiry contracts. Dive into these stories and more in today's CryptoSlate newsletter.

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The global crypto market cap is $2.9 trillion, with a 24-hour volume of $139.72 billion. The price of Bitcoin is $88,329.95, and BTC market dominance is 60.6%. The price of Ethereum is $2,182.64, and ETH market dominance is 9.1%. The best-performing sector is Education, which gained 109%. The Crypto Fear & Greed Index is currently Extreme Fear (20).