Here’s why crypto prices can crash after trump

Prices Kruptocurrencions rose a slightly a little bit in front of the summit in the White House in the White House.

Bitcoin (Btc) increased to 90.200% in the amount of 90,200, while the popular Allcoini is like Ethina (Ena), Movement (Move) and Hedera Hashgraph (Hbar) he jumped by over 10%. Most of these coins gathered double digits from their lowest levels this month.

The crypto summit comes the day after Donald Trump has signed an executive order, creating a strategic Bitcoin Reserve. The account also created a US digital range of Stockpil, which will manage other coins. Some of the upper coins that will be included in the stock are Solana (Salt), Ripple (XRP) and Cardano (Ada).

The upcoming cropty summit will have the heads of some greatest players in the crypto industry. Some of the most prominent confirmed guests are Brad Garlinghouse from Ripple, Michael Sailor of Strategy, JP Richardson from exodus and Brian Armstrong from coinbase.

The summit will inform these officials to share their experience and regulatory recommendations to Trump administration. Trump administration has already done a lot for the industry, with SEC that ends the lawsuit against several Companies love UniswapGemini, Kraken and Openense ..

Ideally, such a summit will lead to higher crippto prices due to the importance of the American government and friendly regulations.

Crypto can crash after trump

However, there is a risk that Bitcoin and other cryptocurying will collapse after the summit. This is known for the situation as a purchase of rumors, news for sale. In this, investors usually buy property after a large event, then reject it when this happens.

A good example that happened when Donald Trump won the election. The criptocurrencies have increased after that and then erased these winnings when it was open in January.

Similarly, the price of Etherum increased in front of the location of the ETF approval in September last year and so it fell.

The probable reason for the post-summit dip is that there will be no new news from the summit. In addition, Trump has already signed his executive account on Bitcoin and Crupto Stockpile Reserve, and SEC began improving the regulatory environment.

In addition, there are still significant risks associated with macroimesion, including Donald Trump tariffs at the largest American trading partners.