U.S. President Donald Trump’s announcement of the Strategic Crypto Reserve shook the markets and turned traders risk-averse after the pump and dump on Monday. Bitcoin closed February at the most negative returns, down 17.39%, for the first time since 2014.
Bitcoin (BTC), Ethereum (ETH) and the made in USA category of altcoins XRP, Solana (SOL), Cardano (ADA) are part of the strategic reserve. Market participants were optimistic in their response to the announcement before turning fearful and ushering over $1.07 billion in liquidations on Monday. As traders reel from the aftermath of the series of events, traders look forward to the White House Crypto Summit planned for March 7, Friday.
Top 5 Made in USA altcoins to buy
XRP, Solana, Cardano, Chainlink (LINK), and Stellar (XLM) are the top five picks in the made in USA category based on their price trend and on-chain analysis. The emphasis on “made in USA” stems from the emerging regulatory clarity for meme coins, AI tokens and cryptocurrencies in the U.S., top talent, robust infrastructure and support for blockchain innovation under the new administration.
In mid-February 2025, Nansen analysts reported on the rise of “made in USA” narrative and top tokens in the category, reinforcing U.S. dominance in the crypto ecosystem.
Among other tokens, Pi Network (PI) rose to top 20 tokens by market capitalization in the past few weeks, with notable developments in the project. Hedera (HBAR), Avalanche (AVAX), and Sui (SUI) are the other key tokens in the category.
As Bitcoin backpedaled and wiped out nearly all gains since mid-November, traders remained fearful, as seen on the Crypto Fear & Greed Index. The metric reads 20 on a scale of 0 to 100, and the reading implies that traders are “fearful.”
XRP, Solana, Cardano buy zones, analysis and price targets
XRP price target
The XRP/USDT daily price chart on Crypto.news shows the buy zone for the altcoin is between the 50-day and 100-day Exponential Moving Averages (EMAs), between $2.3020 and $2.5203. The token could test resistance at $3.0030, the upper boundary of an imbalance zone on the daily price chart.
The technical indicators RSI and MACD support a bullish thesis for XRP. RSI is sloping upwards and reads 49, close to neutral. MACD flashes green histogram bars above the neutral line.
The target for XRP price is the $3.40 peak, and the immediate resistance is at the $3.0030 level.
Solana price target
Solana trades at $147.78 at the time of writing. The Ethereum competitor token is close to its long-term support at $150, and a daily candlestick close above this level could signal a likelihood of a rally to resistance at $180.
SOL’s three EMAs, 50, 100, and 200-day EMAs at $182.85, $191.30, and $184.91, are key resistances for the token in its uptrend.
The momentum indicators on the daily price chart support a bullish thesis for Solana, signaling a positive underlying momentum in Solana’s price trend.
Cardano price target
Cardano trades at $0.9973 at the time of writing. The Ethereum competitor’s buy zone is located between $0.9837 and $0.8235, two key support levels for ADA.
ADA is trading above its three long-term EMAs, as seen on the daily price chart. ADA could test resistance at $1.1723, the upper boundary of a Fair Value Gap on the ADA/USDT daily chart. This marks an 18% rally in Cardano price.
The two technical indicators, RSI and MACD support a bullish thesis for Cardano.
What to expect from White House crypto summit
Crypto traders have reacted to announcements from the White House and President Trump, from one headline to the next. Whether it is tariff announcements, executive orders or plans for a summit/ event, it has moved markets and volatility in the top two cryptocurrencies, Bitcoin and Ethereum has jumped on the 30-day timeframe.
A key market mover, the White House Crypto Summit on March 7 is coming up and traders are positioning themselves for anticipated price swings. The President and his AI & Crypto Czar, David Sacks, announced plans well in advance and picked industry leaders, executives, and policymakers to participate in the summit.
The purpose is to meet with the members of President Trump’s working group on digital assets at the White House. Policy issues, crypto regulation, support for blockchain innovation, sandboxes and regulatory framework for digital assets.
Ripple CEO Brad Garlinghouse, Bitcoin proponent and Strategy executive chair Michael Saylor, and Chainlink co-founder Sergey Nazarov are among the top executives invited to the White House.
Executives from top crypto exchanges are also expected to attend the event, contributing to a meaningful dialogue with the administration.
Derivatives analysis and institutional interest in Bitcoin, Ethereum
Analysis of derivatives market data shows that the top five cryptocurrencies have observed a significant spike in Open Interest (OI), the total number of open derivatives positions in the asset.
Liquidation in the market is now capped at close to $218 million for Bitcoin and $105 million for Ethereum in the last 24 hours. While volume has declined in double-digits, OI and price have a positive correlation, according to Coinglass data.
Bitcoin analysis shows the long/short ratio, a key metric to determine whether traders are bullish/ bearish on the token exceeds 1 on Wednesday. Bitcoin traders are betting on further gain in the token’s price this week.
Ethereum notes similar activity, OI has climbed nearly 3%, Options OI climbed nearly 6%. Long/short ratio exceeds 1, meaning ETH derivatives traders are bullish on the altcoin and expect gains in the short term.
Institutional interest in Bitcoin has waned while Ethereum recorded its first positive day of netflows on Tuesday. Bitcoin has a streak where 10 out of 11 business days, there is a net outflow from U.S. based Spot Bitcoin ETFs.
In the case of Ethereum, ETFs recorded over $14 million in net flows, meaning the altcoin is seeing a revival in interest among institutional investors, according to Farside Investors data.
Agne Linge, Head of Growth at WeFi told Crypto.news in an exclusive interview:
“The market is facing intense volatility as combined crypto liquidations hit $1.04 billion. Bitcoin has dropped to a low of $82,467.23 before recovering slightly above $83,000. Ethereum dropped below $2,100 for the first time in 15 months as the price fell 12.7% in 24 hours.
The broader altcoin train has a double-digit decline, highlighting the uncertainty in the market at this time. Amid this price action, the conviction for sustainable growth in the near term remains low as significant headwinds lie ahead.”
In its market note shared with Crypto.news David Morrison, Senior Market Analyst at Trade Nation said:
“Crypto currencies continue to swing around violently. Bitcoin briefly poked its nose back above $90,000 having dropped below $80,000 on Friday, taking it back to levels last seen soon after Trump’s election victory in early November.
Ether was also firmer this morning having dipped below $2,000 briefly yesterday, effectively halving in price over the last ten weeks. Cryptos got a boost after President Trump went on social media to reiterate plans to establish a strategic crypto reserve.”
Experts highlight the importance of the upcoming summit on Friday and its likely impact on Bitcoin, Ethereum and altcoin prices.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
