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President Donald Trump

As US President Donald Trump becomes one of the most influential factors in the cryptocurrency market, 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 before the White House Cryptocurrency Summit that Trump will host on March 7, STS Digital warned investors after the White House crypto summit.
Digital asset trading firm STS Digital has warned of increased market volatility for Bitcoin (BTC) following the crypto summit held at the White House on March 7, Coindesk reported.
STS Digital said that after the peak, the price could experience price fluctuations of around $5,000 up and down.
Deribit options data suggests investors are bracing for post-peak volatility, said Jeff Anderson, head of Asia at STS Digital.
Anderson noted that investors are also preparing for volatility in Ethereum (ETH) and Solana (SOL) in addition to Bitcoin.
<blockquote>
 “Options markets are showing tension and illiquidity heading into the weekend.
 “Implied volatility was measured at 105% for BTC, which corresponds to an expected price movement of 5.5% between Friday 8:00 UTC and Saturday 8:00 UTC. At this point, BTC could swing around $5,000 in either direction after the peak. ETH and SOL prices could also swing $135 and $13, respectively.”
</blockquote>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/what-to-expect-for-bitcoin-ethereum-and-solana-after-the-great-white-house-crypto-summit-analysis-firm-warns/" rel="noopener noreferrer nofollow">What to Expect for Bitcoin, Ethereum and Solana After the Great White House Crypto Summit? Analysis Firm Warns!</a>

What to Expect for Bitcoin, Ethereum and Solana After the Great White House Crypto Summit? Analysis Firm Warns!

Bitcoin Sistemi EN

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