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The announcement of a historic crypto summit at the White House has triggered significant fluctuations in the cryptocurrency market. Although recent customs tariffs have diminished crypto gains, the event is poised to attract influential figures from the sector, generating heightened anticipation.
Participants Expected at the Summit
In previous reports, we noted that a select group of 20-25 participants was anticipated. Given the presence of key individuals such as Trump, CFTC, SEC officials, and industry representatives like David Sacks, we expected only a few sector representatives to be in attendance, and that expectation is being met.
According to the circulating list, managers of altcoins included in Trump’s proposed national crypto reserve will be present. The influence of the Binance founder is well-known, and following the recent lawsuit, his presence is crucial. Coinbase, as the largest lobbyist, is also expected to be there. Additionally, ONDO is emerging as a significant player in tokenized bonds.
Trump may recognize that stablecoins could play a vital role in sustaining bond demand and expanding access to tokenized investments. Notable figures like Hoskinson and Anatoly from Solana 
$168 are also among the attendees.
Bitcoin Price Outlook on Friday
The day will feature crucial macroeconomic data release in the U.S., alongside further announcements regarding customs tariffs. Combined with the crypto summit, Friday is set to experience remarkable market volatility. Following a period of dull price movements, the crypto market faces a challenging time, balancing negative fluctuations and recovery efforts.
What will be the price of Bitcoin? In an optimistic scenario, Ali Charts noted:
“If Bitcoin (BTC) 
$0.000038 recovers to $93,700, it could gain momentum towards $111,000 based on pricing bands!”
