BTC Bull Token ($BTCBULL)<\/a> is closing on $3.5 million in presale even as Bitcoin’s price slumped below $80,000 after investor disappointment over the White House Digital Assets Summit.<\/p>\r\n\r\n\r\n\r\nAs a Bitcoin-inspired meme coin project, the BTC Bull Token offers exposure to Bitcoin because its utility is directly tied to BTC reaching new price milestones. This makes it an appealing option for Bitcoin investors who believe in the leading cryptocurrency’s future growth potential minus the impact of current market volatility.<\/p>\r\n\r\n\r\n\r\n
Currently priced at $0.002405, $BTCBULL is in its early stages and not yet available on major exchanges, which gives early adopters a chance to secure tokens at what could be one of the lowest entry points.<\/p>\r\n\r\n\r\n\r\n
With the next presale stage set to trigger a price increase in less than 48 hours, investors looking to capitalize on this opportunity may want to act quickly.<\/p>\r\n\r\n\r\n\r\n
The Impact Of The White House Digital Asset Summit May Be Temporary<\/h2>\r\n\r\n\r\n\r\n
The first White House Digital Asset Summit, held on March 7, drew mixed reactions from the crypto-investing public. Sentiment was largely negative due to the apparent lack of detailed policy direction.<\/p>\r\n\r\n\r\n\r\n
While the summit signaled a more embracing and proactive stance on crypto, the uncertainty surrounding specific regulatory measures caused the market to decline as the new trading week began. The “Sunday blues” were evident, with the total market value of all assets falling by 4.53% over the past 24 hours.<\/p>\r\n\r\n\r\n\r\n
The three major altcoins that surged last week after being mentioned in President Donald Trump’s Truth Social post about being the headliners of the U.S. digital asset stockpile – Ripple ($XRP), Solana ($SOL), and Cardano ($ADA) – experienced sharp over the past seven days, dropping 18.95%, 21.34%, and 26.34%, respectively.<\/p>\r\n\r\n\r\n\r\n
<\/figure>\r\n\r\n\r\n\r\n\r\nDespite the market’s negative response, one notable takeaway is that establishing a U.S. Strategic Bitcoin Reserve is now in motion. This reserve will initially comprise 200,000 bitcoins seized in criminal and civil proceedings. <\/span><\/div>\r\n<\/figure>\r\n\r\n\r\n\r\nAlthough no clear Bitcoin-buying schedule has been disclosed, the administration is actively exploring budget-neutral strategies to acquire additional Bitcoin without imposing financial burdens on taxpayers.<\/p>\r\n\r\n\r\n\r\n
Much like the policy direction, details on these acquisition methods remain unspecified, but the Presidential Working Group on Digital Asset Markets is expected to provide recommendations by July this year.<\/p>\r\n
<\/p>