#WhiteHouseCryptoSummit The White House hosted its first "Crypto Summit" on Friday Calling the top executives from various digital resource agencies The Biden administration to discuss the Trump administration's commitment to bringing back the aggressive regulatory stance regarding this sector.

However, something in the world of cryptocurrency was frustrating The Trump administration did not indicate more active assistance for the sector, led to the price of the summit that was thought to be praised by Friday.

Bitcoin prices fell about 3% and the dupur shipment in the afternoon fell about 3% and was set to finish about 7%, US $ 87.000, the week.

Capitalist David Sags of Trump’s "Crypto Caesar" initiative on Thursday night declared that the president was declared Signing burning To create a "strategic reserve of bitcoin".

Although this system has been aggressively pressed by the cryptocurrency community, the order indicates that the reserve will be included in the current holdings of Bitcoin only seized by federal law enforcement agencies. A separate "digital asset stock" will be created to retain non-bitcoin digital tokens like Etherium and Ripple, which were also seized in the enforcement process.

However, the Executive Order government has not provided any clear guarantee or timeline to directly initiate new cryptocurrency purchases.

If such purchases have already occurred, it said they would be made in a budget-neutral manner without additional expenses to taxpayers.

Certainly, the White House cryptocurrency summit is very existential, we will launch the strategic reserve, representing the ocean for an industry that has long struggled to achieve mainstream acceptance. And, despite the recent decline, Bitcoin prices remained about 25% higher than their level before reaching the second presidential position in early November.