Will the US Digital Asset Policy Plan be announced today? The announcement of this plan is expected, which could impact the industry. Cryptocurrency Czar David Sacks will detail the future of the sector in the country in an interview scheduled for this Tuesday (4).
Appointed by President Donald Trump as the White House's AI and crypto czar, Sacks is expected to participate in a press conference this afternoon with key figures and policymakers to discuss the U.S. government's digital asset policy plan.
The press conference will have the participation of top US lawmakers, which aim to detail the future of cryptocurrencies in the US. Depending on what is announced at the event, the cryptocurrency market could be affected. It is worth noting that the cryptocurrency and stock markets suffered considerable falls in recent days in light of the implementation of tariffs by the US government.
The press conference with David Sacks and members of the US Congress was marked The event is scheduled for February 4 at 14:30 p.m. ET, and the Trump administration's plan for U.S. leadership in digital assets is expected to be revealed at the event. The event is intended to explain how the U.S. Congress and the Trump Administration plan to 'secure America as a leader in the digital asset ecosystem.'
Bitcoin Today 04/02/2025: BTC Aims for $100K Return as China Strikes Back at US Tariffs
O cryptocurrency market dawned on an optimistic note today after a turbulent start to the week marked by falls and liquidations. BTC, which yesterday reached one of the lowest prices of the year, is showing notable signs of recovery and is up more than 4% this Tuesday, currently trading at US$ 99.303,00.
The week started off tough for the cryptocurrency market and for global markets that saw strong corrections, following the tariff increase announced on Friday (31) by the US government. The measure, which raised rates on Mexican, Canadian and Chinese products, rekindled concerns about inflation in the United States.
However, the financial outlook began to change yesterday afternoon, after the announcement that tariffs on Mexico and Canada had been postponed for a month. The news that the United States and its two neighboring countries had reached an agreement on border control and crime control had an immediate positive impact on the market.
However, China was not part of the deal and responded earlier by increasing its tariffs on American imports, reigniting the trade war between the world's two largest economies. The escalating tensions between the two countries are expected to continue to pressure the cryptocurrency market in the coming weeks.