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Cryptocurrency Market Focused on the White House: Bitcoin Crosses $90,000

All eyes in the cryptocurrency market are now turned to the critical summit at the White House. The summit on Friday is expected to clarify the US reserve plan. Meanwhile, market leader Bitcoin is attempting to recover ahead of the summit. Today, Bitcoin is trading above $80,000 once again. The cryptocurrency market is locked on the critical summit set to take place at the White House on Friday. President Donald Trump is expected to reveal details about the reserve plan at the Cryptocurrency Summit where Trade Secretary Howard Lutnick announced that Trump will unveil his Bitcoin reserve strategy. In Trump’s plans, Bitcoin (BTC) and Ethereum (ETH), as well as Ripple’s XRP, Solana’s SOL, and Cardano’s ADA tokens, will be included in the US crypto reserve. Lutnick claimed that Bitcoin will have a unique status under Trump’s plans. The summit will address Bitcoin’s role in the US financial system, stablecoin regulation, and cryptocurrency regulations. WHO WILL ATTEND THE SUMMIT? On the other hand, the companies and names expected to attend the summit have started to become clear. According to Fox Business reporter Eleanor Terrett, the list of attendees will not be as extensive as anticipated. It is predicted that approximately 20 to 25 people will attend the meeting, with government officials also being part of the event as the reason for the limitation. Senior figures from the economic management, such as Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, will participate in the event. The expected attendees include: Michael Saylor, Chairman of StrategyBtc Inc. CEO David BaileyRipple CEO Brad GarlinghouseCoinbase CEO Brian ArmstrongChainlink co-founder Sergey NazarovParadigm co-founder Matt HuangExodus CEO JP RichardsonMulticoin Capital co-founder Kyle SamaniWorld Liberty Financial co-founder Zach Witkoff The list is subject to expansion. CRYPTOCURRENCY ATTEMPTS TO RECOVER On the other hand, amidst fears of trade wars causing sharp declines, cryptocurrencies are attempting to recover ahead of the critical summit Yesterday, Bitcoin dropped to $81,500 but is now trading at $90,400, representing a 3.58% increase. Ethereum, which tested below $2,000, is now exchanging hands above $2,220. XRP, included in the reserve plan, is priced at $2.49, ADA at $0.99, and SOL at $147.

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