President Trump to Host White House Crypto Summit Amidst Market Volatility
President Trump is reportedly preparing to host a summit at the White House this week, bringing together top executives from the cryptocurrency, prediction market, and finance sectors. This meeting comes as leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced gains on Monday, while XRP remained flat. Bitcoin saw a significant overnight drop after briefly exceeding $65,500, though its trading volume increased by 43% over the past 24 hours. Ethereum also showed volatility around the $1,700 mark, influenced by both buying and selling pressures. Cryptocurrency-related stocks, such as Strategy Inc. and Bitmine Immersion Technologies Inc., also saw increases. The global cryptocurrency market capitalization reached $2.18 trillion, reflecting a marginal increase of 0.58% in the last 24 hours. Over $210 million was liquidated from the cryptocurrency market, with $175 million from bearish short positions. 
