Bitcoin (BTC) exceeded the $ 90,000 mark after reports of possible preferred treatment in the strategy proposed by President Donald Trump for the United States Crypto reserve (USA).

Speculation comes before White House Crypto Summit, where Trump will host and will feature prominent executives from the crypto industry.

Trump’s Bitcoin Reserve Plan is revealed

Quoting Trade Secretary Howard Lutnick, The Pavlovick Today has revealed that the cryptocurrency strategic reserve will be on Trump’s White House Crypto Summit’s agenda on Friday (07).

The president definitely believes that there will be a Bitcoin Strategic Reserve. Now there is the question of how we deal with other cryptocurrencies. And I think the model will be announced on Friday, would have affirmed Lutnick.

Supposedly, Trump visualizes Bitcoin as a strategic reserve, differentiating it from other cryptocurrencies. Lutnick suggested that the BTC would receive a unique status in the current administration.

So bitcoin is one thing, and the other coins, the other crypto tokens, I think they will be treated differently – positively, but differently, he added.

After this news, industry’s biggest cryptocurrency recovered the psychological level of $ 90,000, being negotiated close to $ 90,000, but also oscillates at $ 89,000. According to Beincrypto data, this represents an increase of more than 7% since the opening of this Wednesday’s session (05).

Bitcoin, Trump’s darling

Prospective preferential treatment for bitcoin is not surprising, given its weight as the pioneer crypto. Similarly, its commodity status, such as Ethereum (ETH), also positions it for possible privilege. But it is important to remember that this same Trump has already condemned the same BTC.

While the White House chief positioned himself as a declared defender of the digital asset industry, he was more inclined to the King of Crypts before the Bitcoin conference in July 2024.

In a recent post on Truth Social, the Republican emphasized its administration’s commitment to raise the crypto sector. Specifically, Trump announced that the US crypto reserve would include XRP, Sol and ADA alongside Bitcoin and Ethereum.

However, Lutnick’s comments suggest that Bitcoin can receive special status under the new framework. While Trump’s announcement fed the optimistic feeling in the market, it also generated a significant debate.

BTC reserve is called “the greatest crypto blow of all time”

Some crypto leaders have expressed skepticism about the inclusion of Altcoins in the US reserve. Critics argue that favoring Bitcoin while treating other tokens differently can create distortions in the market.

Peter Schiff, a Bitcoin longtime critic, called Trump’s crypto reserve plan “The biggest crypto blow of all time.” Meanwhile, other experts previously predicted that more Altcoins could be incorporated into the reserve, a forecast now challenged by Lutnick’s latest statements.

Another important point of discussion is the role of Ethereum – or the lack of it – in the prospective strategy of crypto reserve. White House Crypto Summit will feature ecosystem leaders who operate in Ethereum, but blockchain lacks representation.

Nevertheless, the announcement of a crypto strategic reserve has led to speculation about an imminent Altseason. Tim Haldorsson, founder of Luna Strategy, told the benchrypto that Trump’s plan could boost the investment in Altcoins.

However, Henrik Zeberg Jensen, chief of macroeconomics and background manager at Swissblock Technologies Ag, has a different opinion.

Trump does not serve as a testimony or proof of which tokens will be successful. Look at your memecoin (Trump)! Without usability and moved by speculation. The success of any long -term token will be based on token’s usability in future solutions that will increase productivity and reduce costs. Trump’s choices in this regard seem arbitrary, Zeberg told the beincryptus.

If Bitcoin receives preferred treatment in the crypto reserve, altcoins can still benefit. Historically, Bitcoin’s ralles often paved the way for the altcoins.