The US manufacturing PMI has historically been a good indicator for where Bitcoin's price is headed.

Regarding ETH, SOL, XRP and ADA, "The president just mentioned the top five cryptocurrencies by market cap, so I think people are just reading into this a little bit too much," said Sacks.

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Budget-neutral strategies require that assets be purchased without using additional taxpayer dollars to fund acquisitions.

The president's crypto czar also said there is no evidence that Trump has personal investment in cryptocurrencies like Bitcoin.

A senior White House official said on March 7 that the crypto summit would not cover taxes, and some industry leaders expressed hope for a regulatory framework.

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Peter Schiff insists no government should invest in crypto, calling it a waste of resources. David Sacks clarifies that Cardano, Solana, and XRP were mentioned due to their market rankings, but he's unsure if the government actually

Treasury and Commerce secretaries will explore buying more Bitcoin in a "budget neutral way," but such conversations have not happened yet, says the White House's crypto czar.

Trump's WLFI DeFi platform tripled its Ether holdings within a week during the market downturn, ahead of the first White House Crypto Summit.

US President Donald Trump's Bitcoin reserve plan fell short of hopes and barely met expectations, analysts said.

President Donald Trump has several options for creating a Bitcoin reserve, according to one analyst.