Market Update

Increase the encryption market and securities before the Trump encryption summit

The encryption markets and securities are exposed to the large -scale of the large coding summit by Donald Trump on March 7 at the White House. With the expectation of the best industry names, the noise pays prices everywhere. People who invest their money closely, believing that this may be a huge moment that shakes the world of encryption.

Microstrategy (MSTR)It is known for the huge bitcoin possessions, and it was a big day, as it jumped by 12.14 % to close at $ 308.55. Although the stock still decreased by 8.3 % during the past month, the gathering today shows renewed confidence in its long -term strategy.

Source: Nasdak

CEO Michael Sailor is still a strong defender of Bitcoin, and any positive organizational talk at the top may enhance stocks.

Coinbase (currency)One of the largest encryption exchanges, also increased by 4.66 %, closed at $ 222.45. While a 20 % decrease over the past month remains, today’s gains indicate that traders are optimistic. The CEO of Coinbase Brian Armstrong will be at the top, and any discussions on organizational clarity can have a significant impact on the future of the stock exchange.

Robinhood (hood)The favorite application among ordinary investors increased by 4.11 % to $ 48.12. The platform, known to allow people to trade cryptocurrencies and stocks, may get a batch of good news that comes out of this event. With the appearance of CEO Vlad Tinif, people guess that some updates about the regulations can be in business.

Marchhon Digital Holdings (Mara)The main Bitcoin mining company, rose 8.23 ​​% until it ends at $ 15.12. With the price of Bitcoin to 90,846.80 dollars, mining shares gain momentum alongside the wider market.

The entire cryptocurrency market is increasing, with a total of $ 2.98 trillion – 2.18 % in the past 24 hours. Bitcoin itself increased by 2.50 % a day, pushing optimism across the sector.

Investors began to raise a little, with the Fear & Greed index to 30. There is still a very cautious thing there, but it indicates that traders feel a little more excitement with encryption prices.

There is a big summit that comes with Donald Trump and some heavy hunger strikers such as Michael Silor, Brian Armstrong, Vlad Tinif, and many other well -known people Persons of the encryption community. It is expected to dive into hot topics such as encryption rules, obtaining large institutions on board, and where digital currencies are heading.

With all these big names in one room, people cross their fingers for some changing news of the game that can give the market an additional boost. Certainly, the duct around this event increases prices at the present time, but this is guessing anyone if the momentum will wander once the summit concludes.

Also read: Before the Crypto summit at the White House, the XRP price increased by 34 %



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