Retail investors do not show any enthusiasm as the Crypto Summit failed to spark the rally

The highly anticipated White House Crypto Summit flopped as retail investors, tired of incidents related to Trump, it seems that a market rally was expected which did not happen.

Analysts say the White House Crypto Summit and the US Strategic Bitcoin Reserve have failed to fulfill the high expectations of retail investors, making them disappointed as activities related to US President Donald Trump did not rally.

In March 10 post on X, analyst in Matrixport Said Retail investors are not showing too much interest, always futures are low in single digits with funding rates. He said that the current spirit displays “start contrast” compared to the high rates seen in April and December 2024.

“Even the speed around Trump’s opening was a relatively muted, a clear indication that the next leg of bitcoin would require more important catalysts to higher.”

Marcus Thielen, independent analyst

Bibet’s analytics Report Block scoles, it is also mentioned that some cryptocurrency prices prices increased after Trump’s Crypto Strategic Reserve announced, funding rates have remained stable in rates and not reaching the peak, indicating that the market is required to be a strong boost than “Trump’s Crypto strategic re -reservations”.

As Crypto.news reported earlier, there was a risk that Bitcoin (BTC) and other Cryptocurrency could leave after summit, as the event could follow the common “buy rumors, sell news” strategy. In this approach, bookies usually buy property going to a large event and then sell it after this.

A good example of this was Donald Trump’s 2024 US presidential victory, when cryptocurrency increased, but then lost those benefits after its inauguration in January. Similarly, the price of atherium (Ath) proceeded with the spot exchange-traded fund approval in September last year, only to leave later.