The announcement from U.S. Donald Trump about the Strategic Crypto Reserve shocked the markets, and traders became risk-averse following the Pump and Dump on Monday. Bitcoin’s February returns were the worst since 2014, with a drop of 17.39%.
BitcoinBTCEthereumETHAltcoins made in USA XRP, Solana (SOL), Cardano (ADA( ) form part of the Strategic Reserve. The market participants initially responded with optimism to the news, but soon became fearful. They liquidated over 1,07 billion dollars on Monday. Traders are still reeling from the events of last week, but they look forward to Friday’s White House Crypto Summit.
Buy 5 altcoins made in the USA
XRP Solana Cardano ChainlinkLINKStellarXLMBased on price trends and analysis of the products on the chain, these are the five best-selling items in the category “Made in USA”. It is important to focus on “made in USA” The new administration’s support of blockchain technology, as well as the availability of top talent and robust infrastructure, has led to a surge in interest.
Nansen analysts will begin their work in mid-February, 2025. reported On the Rise “made in USA” The top US tokens and narrative reinforce the dominance of the U.S. in the cryptocurrency ecosystem.
Pi Network is a token that can be used to buy other items.PIIn the last few weeks the token has been ranked among the 20 most valuable by market cap. Hedera (HBAR), Avalanche (AVAXSui (SUIOther key tokens include:
As Bitcoin backpedaled and wiped out nearly all gains since mid-November, traders remained fearful, as seen on the Crypto Fear & Greed Index. The index reads 20, on a scale from 0 to 100%, which indicates traders’ fear. “fearful.”
XRP buy zones and analysis for Solana or Cardano
Target XRP Price
The XRP/USDT price chart daily on Crypto.news indicates that the Altcoin’s buy zone lies between the 100-day and 50-day Exponential moving Averages (EMAs), or between $2,3020 and 2,5203. The coin could face resistance around $3.0030. It is at the upper border of a zone with an imbalance on the daily price graph.
RSI, MACD and other technical indicators support a bullish view of XRP. RSI has a slope upwards of 49 and is near neutral. MACD shows green bars in the histogram above neutral.
The price of XRP is expected to reach a maximum at $3.40, but the current resistance level is $3.0030.
Solana price target
Solana is currently trading at $147.78. The Ethereum-competitor token is near its long term support level of $150. If a daily close candlestick above this mark, it could be a sign that the price will rise to $180.
The three EMAs of SOL, the 50, 100 and 200 day EMAs are at $182.85 each, $191.30 and $184.91 respectively. These are important resistances in SOL’s uptrend.
Momentum indicators are a strong indicator of a bullish price trend for Solana.
Cardano price target
Cardano currently trades for $0.9973 as of the date this article was written. Buy zones for Ethereum’s competitors are located between $0.9837 to $0.8235. These two levels of support represent a key buying zone for ADA.
ADA’s daily price chart shows that it is currently trading above the three long-term EMAs. ADA might test the resistance level of $1.1723, which is the upper border of a fair value gap on the ADA/USDT weekly chart. Cardano’s price has risen 18%.
Cardano’s bullish hypothesis is supported by the two technical indicators RSI, and MACD.
White House Crypto Summit: What can we expect?
The reactions of crypto traders to news from President Trump’s White House have been varied. It doesn’t matter if it’s executive orders, tariff announcements, or plans for an event/summit, they have all moved the markets. Volatility in Bitcoin and Ethereum (the top two cryptos) has also risen on the 30 day timeframe.
White House Crypto Summit is on the 7th of March and traders have begun to prepare for price fluctuations. The President and his AI & Crypto Czar, David Sacks, announced plans well in advance and picked industry leaders, executives, and policymakers to participate in the summit.
It is to have a meeting with President Trump’s digital asset working group at the White House. Issues relating to policy, crypto regulations, support for Blockchain innovation, Sandboxes and regulatory frameworks for digital assets.
Top executives, including Ripple’s Brad Garlinghouse (CEO), Strategy Executive Chair Michael Saylor and Chainlink founder Sergey Nazarov, are invited to visit the White House.
The event is expected to be attended by executives from the top crypto exchanges, who will contribute to an important dialogue with the government.
Analysis of derivatives and interest from institutions in Bitcoin, Ethereum
Analyzing derivatives data reveals that five of the most popular cryptocurrencies experienced a spike in Open Interest, the total number open derivative positions on the asset.
The market’s liquidity has now been limited to close to $105m for Ethereum and $218m for Bitcoin in the last day. According to Coinglass, while volume is down by double digits, the OI has a positive correlation with price.
Bitcoin analysis indicates that on Wednesday, the long/short rate, which is a crucial metric used to assess whether or not traders are bullish/bearish about the token has exceeded 1. Bitcoin traders expect the price to rise further this week.
Options OI and OI for Ethereum have both risen by nearly 6%. Long/short is above 1, meaning ETH traders expect short-term gains and are bullish about the altcoin.
The institutional interest in Bitcoin is waning, while Ethereum had its first day with positive netflows. Bitcoin’s streak is that 10 out 11 business days there has been a negative net flow from U.S.-based Spot Bitcoin exchange traded funds.
According to, ETFs have recorded net flows of over $14 million for Ethereum. This indicates that the altcoin has rekindled interest from institutional investors. Farside Investors data.
Agne Linge is the Head of Growth for WeFi and told Crypto.news exclusively in an interview.
The market has been experiencing intense volatility, as the combined liquidations of cryptos have reached $1.04billion. Bitcoin dropped as low as $82,467.23, before rising slightly over $83,000. Ethereum fell below $2100 for the very first time since 15 months, as its price dropped 12.7% within 24 hours.
Altcoins in general have a decline of double-digits, which highlights the current market uncertainty. In the face of this volatility, confidence for sustainable growth is low in the short term as there are significant headwinds ahead.
David Morrison is Senior analyst and market analyst for Trade Nation. He shared this note with Crypto.news.
Crypto currencies are still swaying violently. Bitcoin briefly re-entered the $90k range after dropping below $80,000 last Friday. It is now back at levels seen shortly after Trump won his election in November.
Ether also firmed up this morning after briefly dipping below $2,000 yesterday. Its price has effectively been halved over the past ten weeks. The crypto market got a big boost when President Trump reiterated plans for a “strategic crypto reserve” on his social media.
Experts emphasize the importance of Friday’s summit and its impact on Bitcoin and Ethereum prices.
Disclosure: This article doesn’t represent investment advice. This page is intended for informational purposes only.
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Source: crypto.news
