# Bitcoin and Crypto Values Climb Before Trump’s Crypto Meeting
Bitcoin and the majority of other digital currencies saw a value climb last Saturday as stakeholders concentrated on President Donald Trump’s forthcoming introductory digital currency meeting. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
Bitcoin (BTC) soared to $85,000, a rise of 8.5% from the week’s nadir, and the collective market capitalization of all digital currencies grew to $2.8 trillion.
At the time of publication, Bitcoin had risen 2.1%, trading at about $84,600.
Top-performing digital currencies encompassed Hedera Hashgraph, Celestia, Official Trump, Stellar Lumens, and Sonic, all of which witnessed gains surpassing 15%.
Trump is scheduled to conduct his initial meeting centered on Bitcoin and other digital currencies next Friday. Finance department representatives, along with the Cryptocurrency and AI office group guided by David Sacks and Bo Hines, are anticipated to be present.
## Which People Will Be Present?
Leading figures from the crypto sector, such as heads of exchanges like Coinbase, Gemini, and Kraken, are expected to be present. A lot of these figures, including Tyler and Cameron Winklevoss, have been significant advocates of Trump’s campaign.
Additional probable participants encompass leaders of notable U.S.-based digital currencies, such as Cardano’s Charles Hoskinson, Stellar’s Jed McCaleb, Ripple’s Brad Garlinghouse, and Ondo Finance’s Nathan Allman.
Elon Musk, who manages the Department of Government Efficiency (DOGE), might also participate. He is a dedicated supporter of digital currency, with Tesla possessing over 11,500 Bitcoins, estimated at over $975 million. Furthermore, Musk is assessing how the U.S. government can employ blockchain technology to decrease expenditures.
Since Gary Gensler resigned as chairman, the U.S. Securities and Exchange Commission has finalized numerous legal actions, including those concerning companies like Uniswap, Coinbase, and Gemini.
With Trump contemplating creating a U.S. Bitcoin reserve, Bitcoin and other digital currencies are expected to increase in worth leading up to the meeting.
Notwithstanding Trump’s consistent backing of digital currencies, certain of his strategies have played a part in the recent downturn. Of special worry are his duties on American imports, which detractors contend will result in increased inflation and market volatility.
