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President Donald Trump may announce a significant policy shift at this week’s White House Crypto Summit. According to statements made by Secretary of Commerce Howard Lutnick, Trump’s plans include establishing a strategic Bitcoin 
$105,623 reserve. This summit could serve as a pivotal moment for the United States to clarify its goal of global leadership in the cryptocurrency sector.
Special Status for Bitcoin
Lutnick indicated that Trump wishes to grant Bitcoin a privileged status. Speaking to journalist Ksenija Pavlovic McAteer, Lutnick stated, “The President supports the strategic Bitcoin reserve. He emphasized this during the campaign and is now putting it into action.”
According to Trump’s statements on his social media platform Truth Social, comprehensive regulations aimed at the cryptocurrency sector will be introduced alongside the Bitcoin reserve. Unlike the previous administration’s stringent policies, the Trump administration will take a more friendly approach towards the sector. Under the President’s cryptocurrency policy, popular altcoins such as XRP, Solana 
$163 (SOL), and Cardano 
$0.707419 (ADA) will hold significant positions in the new strategy.
White House Crypto Summit Could Signal a New Era
Scheduled for March 7, the White House Crypto Summit, under Trump’s leadership, will be a platform for key decisions that will shape the future of the sector. Notable figures from the tech world, including David Sacks and Bo Hines, will lead the summit. Topics like financial innovation, regulatory frameworks, and the U.S.’s role in the cryptocurrency market will be discussed.
It is known that the Presidential Executive Order 14178 signed by Trump aims to support the growth of cryptocurrencies. This order aims to end the stringent regulations of the Biden administration while encouraging investors to return to the U.S.
Experts believe that Trump’s policies could make the U.S. the center of the global cryptocurrency market. Industry representatives emphasize that clear regulations and steps like the Bitcoin reserve will instill confidence in investors. Therefore, statements following the summit at the White House could significantly impact the markets.
