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Crypto vs. Dollar

📌 Bitcoin in the spotlight at White House summit, $17 billion loss and Blackrock’s insane bullish stance – TheStreet Crypto: bitcoin and cryptocurrency news, tips, analysis and more

Bitcoin has been volatile this week: prices fluctuated up and down as traders reacted to two major events. Bitcoin

– Bitcoin has been volatile this week: prices fluctuated up and down as traders reacted to two major events

first, rumors that President Trump may announce a strategic bitcoin reserve at the White House crypto summit caused prices to soar. At the same time, new tariffs on imports from Canada and Mexico sparked economic concerns and led to risk reduction.

Now all eyes are on the summit to see if the U.S. is going to make a big move on bitcoin. If the rumors are true, we could see another major price movement.

Bitcoin is currently in the $88k range.

David Sachs has faced increased scrutiny since the announcement of the White House crypto summit, but his views on public policy remain

Emphasizing the lack of a long-term strategy, he says, Over the last decade, the federal government has sold about 195,000 bitcoins worth $366 million. If the government had kept bitcoin to itself, it would be worth more than $17 billion today.

his statements confirm that short-sighted decisions have serious financial consequences. He reiterated his continued support for digital assets, particularly bitcoin.

Ahead of the White House Crypto Summit on March 7, Marathon Digital Holdings (MARA), the world’s largest bitcoin miner by market capitalization, announced that the U.S. MARA has issued six recommendations to shape U.S. bitcoin policy.

To protect its financial sovereignty and economic resilience, the United States must take decisive action to protect its financial sovereignty and economic resilience. must take decisive action to protect its financial sovereignty and economic resilience.

must take decisive action to protect its financial They must increase their bitcoin reserves, strengthen domestic mining capabilities, and tighten controls over blockchain and hash rates to prevent foreign adversaries from gaining undue influence. As dollar dominance becomes increasingly problematic, policymakers must recognize bitcoin’s critical role in national security, energy innovation, and the future of global finance.

MARA’s recommendations include creating a strategic bitcoin reserve in the U.S., investing domestically in mining, and promoting self-sufficiency. Investing in mining and promoting self-sufficiency in mining technologies. The recommendations also include support for regulators, leadership in developing global standards for bitcoin, and protecting national security by controlling hash rates.

MARA believes that by prioritizing these measures, the U.S. can strengthen its position as a global leader in digital finance.

BlackRock analysts called the extreme scarcity of bitcoin an insane amount of optimism.

With only 3-4 million BTC available, it’s not enough for every American millionaire to own.

Bitcoin

Bitcoin

$83,388.49

BTC -0.35%

Ethereum

Ethereum

$1,909.92

ETH 0.24%

Binance Coin

Binance Coin

$634.63

BNB 5.72%

XRP

XRP

$2.34

XRP -0.41%

Dogecoin

Dogecoin

$0.17

DOGE 1.06%

Cardano

Cardano

$0.72

ADA -0.15%

Solana

Solana

$128.94

SOL -3.28%