The past days and weeks has been a hectic one in the crypto market, so many losses, so many depreciation in prices and so many news surrounding Bitcoin and Altcoins. Some crypto enthusiasts has even made some forecast and predations of things to expect as the market keeps affecting the gains and profit of coins. But today has been a spectacular day indeed and some altcoins and Bitcoin have started finding their way back to where it will profit holders and stakers.
Prior to the inaugural crypto summit organized by president Donald Trump schedule to happen few days to come, we have seen some changes in the market and this might be a good sign of better things to come. A flash back of when president Donald Trump was to be declared the president's choice of candidate and the concluded election, the crypto market was indeed favorable as we saw Bitcoin rise to all time high and also better movements where seen in some of the altcoins.
However, since we know that no prediction is perfect when it comes to the crypto market, as it is not a financial advice from me to urge crypto enthusiasts to keep bagging in hope that after the inaugural meeting, the crypto space will bounce back to ways of high profit making, it is necessary to use events to learn and know the next move to come. Indeed this is a crypto market and minute is enough to change things, it is necessary to be guided on decisions to take.
Big Names to grace the Summit
It is indeed going to be a big event because of the caliber's of people that are going to be present. Outside of the fact that the president himself is more of web3 and things involved, these big investors in the crypto space, CEOs of many exchanges be it centralized or decentralized, high AI tech developers would grace the event and hopes are already been raised high that the outcome of the meeting might bring a great positivity in the crypto space where we could likely expect a bull run.
Therefore, owing to the policies and rules this present government has put, cryptocurrency is finding it difficult to thrive because with policies like tariffs on imports, there is a high chance of crypto market volatility and inflation and this in one way or the other might contribute to the Dip we see in the market so maybe during this summit most of these policies surrounding the economy would be discussed and maybe there would be a way to amend few that will favor the crypto space.
Finally, this is crypto space, anything can happen, it might be of profit or loss but one thing certain is that cryptocurrency is here to stay. Thanks for stopping by, do have a nice day.