The prices of top cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and XRP showed little to no movement over the past 24 hours, surprising many in the market. This pause in price action came immediately after the release of White House report on digital assets.
On paper, the report should have been a bullish catalyst. Titled the White House Crypto Report, it was released by the President’s Working Group on Digital Assets and featured strong pro-crypto messaging. A post from the White House even declared, “Together we will make the U.S. the crypto capital of the world,” outlining a bold vision for embracing blockchain technology.
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