American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Digital assets recover ahead of AI & crypto czar’s first press conference: FET, TAO, RENDER lead gainers

by admin February 4, 2025
February 4, 2025
Digital assets recover ahead of AI & crypto czar’s first press conference: FET, TAO, RENDER lead gainers

Digital currencies displayed significant gains after yesterday’s flash crash, which saw Bitcoin exploring the $91K vicinity.

Bulls triggered overnight recoveries after the United States president started delaying tariffs.

That shifted sentiments in the financial sector, catalyzing notable bounce-backs for cryptos over the past day.

Meanwhile, investor interest remained in the crypto sector ahead of the crypto and AI czar’s first conference.

David Sacks’s meeting will highlight the United States’ role in the cryptocurrency landscape, which strengthened crypto recoveries after yesterday’s brutal slump.

Bitcoin Magazine

@BitcoinMagazine

·Follow

JUST IN: Donald Trump’s Crypto Czar David Sacks reportedly to hold press conference tomorrow to discuss how “to secure America as a leader in the digital asset ecosystem.” 🇺🇸

8:43 pm · 3 Feb 2025

7.6K

Reply

Read 314 replies

AI tokens lead market recovery

Cryptos endured massive volatility over the past day as Trump’s trade war concerns swayed BTC between $90K and above $100K.

Meanwhile, delayed tariffs and David Sacks’ anticipated press conference in the next few hours renewed optimism for digital assets.

Tokens associated with artificial intelligence reflected substantial gains on their price charts.

FET, TAO, and RENDER soared up to 14%, suggesting impressive trader optimism.

Source – Coigecko

Experts predicted 2025 to be the year of AI and crypto, and the upcoming Sacks conference could herald the movement.

The development attracted heightened buying pressure, especially from United States investors.

Coinbase Premium Gap indicator has soared to its 2025 peak, according to Coinglass.

That signals demand for BTC among US-based enthusiasts, which might strengthen Bitcoin’s gains.

David Sacks’ first conference: what to expect?

Trump’s appointed AI and crypto Czar will hold the first conference today at 2:30 pm (ET).

He will discuss how the United States plans to lead the crypto revolution in the coming years.

Other Congress representatives will join Sacks during the meeting.

The conference will highlight the White House’s calculated approach to dominating the crypto sector.

It is expected to address topics that have hindered crypto market growth, including national security worries, innovation incentives, and regulatory guidelines.

Meanwhile, the event confirms the Trump administration’s dedication to working with lawmakers to transform the blockchain and crypto industries.

Moreover, it underscores the new government’s proactive tactic in promoting innovation and growth in the space.

Department Of Government Efficiency Community

@doge_eth_gov

·Follow

So let me get this straight…..

Trump’s Crypto Czar, David Sacks, reportedly to hold press conference tomorrow to discuss how “to secure America as a leader in the digital asset
ecosystem.

Trump signs an Executive Order establishing a Sovereign Wealth Fund.

World Liberty…

Watch on Twitter

View replies

5:44 am · 4 Feb 2025

178

Reply

Read 29 replies

Crypto market outlook

Cryptocurrencies reflect bullishness as Bitcoin’s swift bounce-back to reclaim $100K triggered substantial altcoin recoveries.

Analysts expect continued rebounds as the United States prepares to launch a Sovereign Wealth Fund.

Eric Trump’s X post encouraging investors to accumulate ETH added to the speculations about Bitcoin and Ethereum’s inclusion in the new fund.

Further, popular analyst Michael van de Poppe predicts massive rallies for cryptocurrencies in the upcoming sessions.

Michaël van de Poppe

@CryptoMichNL

·Follow

#Bitcoin bounced back swiftly and is currently acting within the range.

I assume we’ll see new ATHs in February and it’s quite normal to correct after such a strong bounce.

Volatility through the roof, but, as long as Bitcoin remains above $93K, a new ATH is likely.

1:06 pm · 4 Feb 2025

266

Reply

Read 46 replies

He highlighted Bitcoin’s swift rebound and possibilities of new all-time highs in February.

However, the bellwether crypto should steady above $93K for extended near-term rallies.

The post Digital assets recover ahead of AI & crypto czar’s first press conference: FET, TAO, RENDER lead gainers appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Uber stock forecast ahead of earnings: buy, sell or hold?
next post
Trump’s pause on tariffs on Mexico and Canada: a win or a retreat?

Related Posts

Where to invest $10,000 right now for superior...

April 28, 2025

Should you invest in iDEGEN after Trump’s address...

January 24, 2025

EU nuclear ambition: $278B investment targets capacity boost...

June 13, 2025

Target will stop accepting personal checks

July 9, 2024

Li Auto stock price analysis: the bullish case...

December 25, 2024

As Luminar stock price implodes, is it safe...

May 21, 2025

Nike stock rallies 15%: 3 reasons why shoemaker’s...

June 28, 2025

Samsung to invest in US health-care software and...

May 27, 2025

GM lays off more than 1,000 salaried software...

August 21, 2024

Jim Cramer highlights two stocks set to continue...

January 1, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,583)
    • Investing (2,703)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved