President Trump plans to host cryptocurrency executives at the White House on Friday, a crypto summit that could offer new insight into the administration’s agenda regarding digital assets.

The event's attendees are expected to include the CEOs of Coinbase (COIN), Crypto.com, Robinhood (HOOD), crypto wallet provider Exodus (EXOD), and the chair of 澳洲幸运5官方开奖结果体彩网:bitcoin treasury company Strategy (MSTR), formerly MicroStrategy, according to Trump's AI & Crypto Czar David Sacks.

Trump is expected to speak at the event. He last weekend said the U.S. could launch a 澳洲幸运5官方开奖结果体彩网:strategic crypto reserve composed of bitcoin and four other tokens. Such a reserve would “elevate this critical industry,” Trump posted on his Truth Social platform, “I will make sure the U.S. is the Crypto Capital of the World.”

The price of bitcoin surged in the wake of Trump's election, rising from below $70,000 on election day to 澳洲幸运5官方开奖结果体彩网:more than $109,000 the week of his inauguration. In recent we🗹eks, however, the price has dropped as economic uncertainty has tempered risk appetite in financial markets. It recently 🀅traded a bit below $91,000.

Trump has cultivated a 澳洲幸运5官方开奖结果体彩网:pro-crypto image and named crypto-friendly figures to positions within key departments in his administration. He has also participated in the crypto business. Shortly before taking office, the president-elect and First Lady Melania Trump launched 澳洲幸运5官方开奖结果体彩网:meme coins.

Trump and his sons have also promoted World Liberty Financial, a decentralized finance project co-founded by Trump's envoy to the Middle East Steve Witkoff.