Bitcoin May Surge $5K Post White House Crypto Meeting; ETH and SOL Expected to Fluctuate: STS Digital Analysis
Analysis indicates that Bitcoin could experience significant price movement following a key crypto summit at the White House, with potential volatility in Ethereum and Solana as well.
Bitcoin May Surge $5K Post White House Crypto Meeting; ETH and SOL Expected to Fluctuate: STS Digital Analysis
Options pricing on Deribit suggests Bitcoin (BTC) could swing by nearly $5K following the crypto summit, according to analysis by STS Digital.
Key Insights:
- The upcoming White House crypto summit may trigger increased trading activity.
- Speculation arises that Trump might unveil a strategic Bitcoin reserve during the summit.
- Option markets forecast potential volatility for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) after the meeting.
If you’re considering taking a break from trading this weekend, you might want to reconsider. According to analysis from STS Digital, the White House crypto summit scheduled for Friday could result in significant price swings, with Bitcoin potentially moving as much as $5,000.
U.S. President Donald Trump, who hinted at a strategic crypto reserve ahead of the November elections, is expected to host key industry figures—including Coinbase, Chainlink, and Exodus.
The latest rumor indicates that Trump may announce a Bitcoin reserve strategy, moving away from a previous disclosure that referenced a mixed basket of altcoins such as XRP, Cardano’s ADA, and Solana’s SOL along with Bitcoin and Ether (ETH) as primary assets.
Market Expectations:
Options data from Deribit shows that market participants are preparing for a volatile weekend following the summit. Jeff Anderson, head of Asia at STS Digital, noted, “Options markets reflect the nerves and uncertainty leading into the weekend and the impending possibilities. The implied volatility spread between Friday and Saturday indicates significant trading expectations.”
Currently, implied volatility for Bitcoin options expiring Friday suggests a notable potential price fluctuation of 56%, whereas options expiring on Saturday are trading at 80% volatility, indicating expectations for considerable price turbulence following the summit.
For Bitcoin, traders anticipate a price variation of nearly $5K in either direction. Ethereum and Solana are similarly poised for movements of approximately $135 and $13, respectively.
Expectations for high volatility often lead to disappointment, as indicated by Anderson’s observation: “Large expected volatility in crypto usually doesn’t meet reality. Nevertheless, the risk associated with direct bets in options remains prominent in this environment.”
Table of Implied Volatility:
The following data illustrates the implied and forward volatilities for Bitcoin, Ethereum, and Solana along with their respective breakevens (expected price swings), calculated for the period leading up to and following the summit.
| Asset | Implied Volatility | Expected Price Move |
|---|---|---|
| BTC | 56% (Friday) / 80% (Saturday) | $5K |
| ETH | TBD | $135 |
| SOL | TBD | $13 |
In summary, significant movements in cryptocurrency prices are anticipated in the wake of the crypto summit, particularly for Bitcoin, Ethereum, and Solana.
