The press conference of the US newly appointed AI and crypto official David Sacks on Tuesday, as the country’s digital asset leadership, led to a significant recovery in the market. After the harsh decline last Monday, the market began to recover.
Developments in the Bitcoin market
Bitcoin $98,764.7 The price of 7 %was observed, while the levels of 100 thousand dollars were caught again. Price fluctuations were supported by increasing procurement pressure as a result of softening in Trump’s trade agreements. The price difference between Coinbase and other stock exchanges shows that the interest of investor has increased.
Improvement in the Altcoin Market
Ethereum $2,720.6XRP, Dogecoin
$0.266117 and CARDANO
$0.744831 Altcoins such as, 11 %to 22 %have experienced recovery. Rapid recovery in the Altcoin market was supported by the tendency to diversify investors.
Eric Trump: “In my opinion, it is a suitable time to add ETH.”
Moreover, Ripple $2.6 The community expressed his demands to include the Ripple token in the US digital asset reserves. Ripple CEO, Brad Garlinghouse, said that it may be more appropriate to have an asset basket instead of only Bitcoin in digital asset reserves.
Digital asset strategy and press conference
David Sacks plans to elaborate on America’s digital asset strategy at a press conference. At the meeting, regulatory policies, innovative incentives and national security issues will be discussed. This step is prepared considering the cooperation with the lawmakers.
The data show that Coinbase Premium GAP has reached the highest level of 2025. This reveals that especially US -based investors’ demand for Bitcoin.
Market developments increased the expectations of growth and innovation in the digital asset sector and brought the cautious approach of investors. It is thought that the following developments may be guiding the future of the sector.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.