Analysts: Expect markets to remain high ahead of first White House cryptocurrency summit on Friday
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Odaily Report: According to Peter Chung, head of research at Presto Research, "Predicting short-term price movements is always challenging, but given the recent tweets from White House AI and Crypto Advisor David Sacks hinting at more content from the crypto summit, the market is expected to remain elevated before Friday Eastern Time, unless there are adverse macroeconomic or tech earnings news." In addition to the summit results, the latest developments on the CME listing of Solana futures, which still requires regulatory approval before it can be finalized, may also further drive the rise of SOL, Chung said: "CME may not stop at SOL and may also launch XRP and ADA futures, especially after Trump's post, these tokens are regaining the attention of traditional financial investors." (The Block)
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