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Reading: February 4: A Pivotal Day for Crypto, All Eyes on the White House
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Deythere > News > Crypto > February 4: A Pivotal Day for Crypto, All Eyes on the White House
CryptoMarketNews

February 4: A Pivotal Day for Crypto, All Eyes on the White House

cryptocurrency scene at the White House. A futuristic press conference setup with large digital screens displaying Bitcoin
Emiliano Trejo
Last updated: February 3, 2025 5:17 pm
By
Emiliano Trejo
Published February 3, 2025
2 Min Read
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The crypto market has been rocked by volatility, with Bitcoin (BTC) dropping to $91,231 in the past 24 hours before rebounding to $98,499.3. The recent downturn was largely triggered by Trump’s tariff policies, yet the presence of a pro-crypto administration in the U.S. remains a significant long-term factor for market growth.

Contents
  • What’s Happening on February 4?
  • What This Means for Crypto Investors

What’s Happening on February 4?

President Donald Trump previously announced plans to establish a dedicated crypto task force. In addition, executive orders were issued directing government agencies to explore key blockchain-related issues. Furthermore, the White House has formed a specialized Artificial Intelligence (AI) and crypto unit, placing industry advocate David Sacks at the helm.

On February 4 at 2:30 PM EST, Sacks will hold a press conference titled:

“How the Trump Administration and Congress Will Work Together to Position America as a Leader in the Digital Asset Ecosystem.”

This event will mark a significant moment in U.S. crypto policy, as discussions within the White House regarding digital asset regulations and advancements have never been this structured before. More importantly, it will solidify the Trump administration’s commitment to fostering a pro-crypto environment.

cryptocurrency scene at the White House. A futuristic press conference setup with large digital screens displaying Bitcoin

What This Means for Crypto Investors

The upcoming press conference could provide clarity on how the U.S. government plans to regulate and support the digital asset industry. Market analysts are closely monitoring whether new incentives or regulations will be announced. The potential policy shifts discussed could influence not just the American market but global crypto adoption.

As the industry watches closely, stay tuned to Dey There for timely updates and expert insights on this crucial event.

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ByEmiliano Trejo
Emiliano Trejo has spent the last 9 years immersed in the world of blockchain and cryptocurrencies, becoming a prominent figure in the industry. With a background in economics and a keen interest in decentralized systems, Emiliano has contributed to several groundbreaking projects, including the development of blockchain-based financial products and services. His expertise lies in the intersection of blockchain technology and economic models, where he excels in creating innovative solutions that leverage the benefits of decentralization. At DT NEWS, Emiliano shares his deep knowledge of the global cryptocurrency market, offering insights that help readers understand both the technical and economic implications of blockchain innovations.
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