{"id":378585,"date":"2025-03-05T18:12:51","date_gmt":"2025-03-05T12:42:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/are-altcoins-gearing-up-ahead-of-trump-crypto-summit-crypto-news\/"},"modified":"2025-03-05T18:16:17","modified_gmt":"2025-03-05T12:46:17","slug":"are-altcoins-gearing-up-ahead-of-trump-crypto-summit-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/are-altcoins-gearing-up-ahead-of-trump-crypto-summit-crypto-news\/","title":{"rendered":"Are Altcoins Gearing Up Ahead of Trump Crypto Summit? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers. Speculation is rising over potential tax policy changes, including a rumored zero capital gains tax on digital assets. However, even with a presidential executive order, it would require approval from the House of Representatives.<\/p>\n<p><span id=\"radix-:r3o:\" class=\"cursor-pointer inline transition-colors duration-200 ease-in-out hover:opacity-80\" aria-haspopup=\"menu\" aria-expanded=\"false\" data-state=\"closed\">The White House issued a statement that indicated the upcoming meetings would address electronic assets as well as regulatory frameworks and economic guidelines.<\/span> The movement of Bitcoin, Ethereum, and XRP prices forward received a significant boost when Trump included these cryptocurrencies in his proposed strategic reserve plans.\u00a0<span id=\"radix-:r3u:\" class=\"cursor-pointer inline transition-colors duration-200 ease-in-out hover:opacity-80\" aria-haspopup=\"menu\" aria-expanded=\"false\" data-state=\"closed\">The prices started declining because investors learned that the congressional approval mandate stands between the reserve plan and its implementation.<\/span><\/p>\n<h2>Cryptocurrencies Price Spikes: Are Altcoins Poised for More Gains Before Trump\u2019s Summit?<\/h2>\n<p><span style=\"font-weight: 400;\">Cryptocurrencies price has rebounded following recent market declines, pushing the total market cap up by 4.08% to $2.86 trillion. Altcoins have shown recovery, with Bitcoin gaining 4%, Ethereum 5%, and XRP 6%. Other top altcoins, including Solana and Binance Coin, have also followed the upward trend. This market movement comes ahead of the Trump Crypto Summit, set to take place in the on 7th March 2025.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83c\uddfa\ud83c\uddf8 Trump will host a crypto summit on March 7, 2025, scheduled from 1:30 PM to 5:30 PM ET (12:00 AM to 4:00 AM IST on March 8, 2025).<\/p>\n<p>Here\u2019s who\u2019s confirmed to attend:<\/p>\n<p>\u2013 Michael Saylor, Founder of Strategy<br \/>\u2013 David Bailey, CEO of Bitcoin Magazine<br \/>\u2013 Matt Huang, Co-founder of\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/qjzKnEFA1L\">pic.twitter.com\/qjzKnEFA1L<\/a><\/p>\n<p>\u2014 Crypto India (@CryptooIndia) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/twitter.com\/CryptooIndia\/status\/1897192005874414018?ref_src=twsrc%5Etfw\">March 5, 2025<\/a><\/p>\n<\/blockquote>\n<h2><strong>Bitcoin Price Recovers 5%, Is $90k Level Next?l<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Over the past 24 hours, the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/bitcoin-price-drops-12-will-trumps-tax-relief-rumors-spark-a-btc-rally\/\">BTC price<\/a> saw a 5% recovery, reaching $88,761. The BTC price bounced from the $81,529 support but faced resistance at $90,000.\u00a0 With Bitcoin dominance is showing weakness.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) stands at 53.97, signaling neutral momentum. A break above $90,000 could push BTC toward $100,000, while failure to hold gains may lead to another drop toward $84,000. Market volatility remains high.<\/span><\/p>\n<figure id=\"attachment_242400\" aria-describedby=\"caption-attachment-242400\" style=\"width: 1147px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242400\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-05_13-54-09.png\" alt=\"Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?\" width=\"1147\" height=\"583\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-05_13-54-09.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-05_13-54-09-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-05_13-54-09-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/BTCUSD_2025-03-05_13-54-09-150x76.png 150w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\"\/><\/noscript><figcaption id=\"caption-attachment-242400\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.tradingview.com\/x\/NUnc4mdX\/\">TradingView<\/a><\/figcaption><\/figure>\n<h2><strong>ETH Price Eyes 30% Surge Ahead of Trump Crypto Summit<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/700m-long-positons-will-bite-dust-if-ethereum-price-drops-8-will-it\/\">Ethereum price<\/a> has surged past $2,200, gaining momentum from renewed market optimism. The digital asset secured support at $2,150, fueling expectations of a stronger rebound.\u00a0 <\/span><span style=\"font-weight: 400;\">ETH recorded a 7% increase over the past 24 hours, now trading around $2,240.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price surge comes as the market anticipates a key crypto summit involving former U.S. President Donald Trump. If bullish momentum strengthens, Ethereum could climb toward $2,260, with further gains potentially pushing it to $2,500.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analysts suggest that sustained bullish activity may drive ETH above $3,000, marking a 30% rise. The rally highlights growing confidence in altcoins amid broader market recovery.<\/span><\/p>\n<figure id=\"attachment_242401\" aria-describedby=\"caption-attachment-242401\" style=\"width: 1147px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242401\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?\" width=\"1147\" height=\"583\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-150x76.png 150w\" data-lazy-sizes=\"(max-width: 1147px) 100vw, 1147px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242401\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41.png\" alt=\"Cryptocurrencies Price Prediction: Are Altcoins Gearing Up Ahead of Trump Crypto Summit?\" width=\"1147\" height=\"583\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/ETHUSD_2025-03-05_13-55-41-150x76.png 150w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\"\/><\/noscript><figcaption id=\"caption-attachment-242401\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.tradingview.com\/x\/t6m90xc6\/\">TradingView<\/a><\/figcaption><\/figure>\n<h2><strong>XRP Price Holds Key Support as Analysts Eye Surge to $222<\/strong><\/h2>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-price-shoots-10-5-eyeing-ethereum-flippening-with-this-breakout\/\"><span style=\"font-weight: 400;\">Ripple (XRP) price <\/span><\/a><span style=\"font-weight: 400;\">is holding above a critical support trend, signaling a possible breakout. Analysts highlight its strong consolidation above Fibonacci 0.888, aligning with historical patterns.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">XRP\u2019s next move could target $8.5 to $13, with a potential Fib 1.618 extension at $27. If history repeats, Fibonacci extensions suggest a possible range between $27 and $222.<\/span><\/p>\n<h2><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Image\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/GlQ8FplWYAAgj6r?format=jpg&#038;name=large\"\/><noscript><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GlQ8FplWYAAgj6r?format=jpg&#038;name=large\" alt=\"Image\"\/><\/noscript><\/h2>\n<h2><strong>What Next for Altcoins?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If BTC holds key support levels, altcoins may continue their bullish momentum. A strong Bitcoin trend often signals increased confidence in the broader market. This could lead to price surges for major altcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Altcoins such as Solana, Binance Coin, Dogecoin, and Aave could see further gains. Investors are anticipating additional catalysts from the Trump Crypto Summit, which may shape the market\u2019s direction in the coming weeks.<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tInvestors anticipate key policy announcements that could impact the crypto market.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tThe event may influence regulatory decisions, shaping the future of digital assets.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tWeak Bitcoin dominance often signals stronger gains for altcoins in the market.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/cryptocurrencies-price-prediction-are-altcoins-gearing-up-ahead-of-trump-crypto-summit\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/cryptocurrencies-price-prediction-are-altcoins-gearing-up-ahead-of-trump-crypto-summit\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>Coingape Staff  <\/p>\n<\/p><\/div>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency prices surged as investors anticipate key announcements from the upcoming White House Crypto Summit on March 7, 2025. U.S. President Donald Trump will host the event, bringing together industry leaders, executives, and policymakers. Speculation is rising over potential tax policy changes, including a rumored zero capital gains tax on digital assets. However, even with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":378586,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-378585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/378585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=378585"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/378585\/revisions"}],"predecessor-version":[{"id":378587,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/378585\/revisions\/378587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/378586"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=378585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=378585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=378585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}