The cryptocurrency market is showing strong momentum ahead of the upcoming White House summit under Trump's administration, with Bitcoin rebounding to $90K.
Crypto.com CEO to Attend Summit
One of the key drivers behind CRO's ongoing momentum is the confirmation of Kris Marszalek, CEO of Crypto.com, attending the White House Crypto Summit. Hosted by President Donald Trump, this summit marks the first-ever cryptocurrency-focused event at the White House, a historic moment for the industry.
Breakout and Retest
CRO recently broke out of a falling wedge pattern, triggering a surge past the wedge’s upper boundary following the announcement of the U.S. Crypto Strategic Reserve initiative. After the breakout, CRO successfully retested the trendline at $0.075, bouncing back to $0.092 and confirming the breakout.
Final Thoughts
With CRO breaking out of a falling wedge and successfully retesting, bullish momentum is building. The White House Crypto Summit adds a fundamental catalyst that could further boost sentiment, potentially pushing CRO to $0.13–$0.15.
Traders should be prepared for potential volatility following official announcements at the summit.
