Market analysts are closely watching the impact of Donald Trump's growing influence over the cryptocurrency space, with speculation mounting that he may announce a strategic Bitcoin reserve ahead of the White House Cryptocurrency Summit on March 7.
Following the event, digital asset trading firm STS Digital has issued a warning about potential price turbulence, cautioning investors that Bitcoin could experience sharp fluctuations.
According to a report from Coindesk, STS Digital expects BTC to swing by approximately $5,000 in either direction after the summit.
Jeff Anderson, STS Digital’s head of Asia, pointed to Deribit options data, which signals that traders are preparing for heightened volatility across multiple assets, including Ethereum and Solana.
He noted that options markets are showing increased tension and reduced liquidity ahead of the weekend.
Current implied volatility for Bitcoin stands at 105%, which suggests an anticipated 5.5% price movement within a 24-hour period from Friday to Saturday.
If this projection holds, Ethereum could see a $135 price fluctuation, while Solana may move by around $13.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
According to a new analysis from CryptoQuant, TRON (TRX) may be gearing up for a breakout as tightening Bollinger Bands point to an imminent expansion in volatility.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.