BITCOIN: WILL TRUMP'S STRATEGIC BITCOIN RESERVE AND WHITE HOUSE CRYPTO SUMMIT SUPPORT BTC RECOVERY?

Tina Collins

12 Mar 2025 — 1 min read

BITCOIN: WILL TRUMP'S STRATEGIC BITCOIN RESERVE AND WHITE HOUSE CRYPTO SUMMIT SUPPORT BTC RECOVERY?

Bitcoin Price Drop: Bitcoin’s price has fallen by over 5% this week and continues to decline on Friday.

Market Uncertainty: There is high volatility and uncertainty in the Bitcoin market.

Liquidation Impact: About $1.67 billion worth of crypto positions were liquidated due to the price drop.

White House Crypto Summit: The first-ever White House Crypto Summit is happening on Friday.

Trump’s Bitcoin Strategy: There is speculation about whether Trump’s plan for a Bitcoin reserve will help Bitcoin recover.

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CHINA: RETAIL SALES AND INDUSTRIAL PRODUCTION BEAT EXPECTATIONS

GOLD PRICE SITS NEAR RECORD HIGH, CONTINUES TO DRAW SUPPORT FROM THE GLOBAL FLIGHT TO SAFETY

CHINA FEBRUARY 2025 NEW HOME PRICES FALL 4.9% YoY, 0.1% MoM

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