The much-anticipated White House Crypto Summit and the launch of the U.S. Strategic Bitcoin Reserve didn’t deliver as expected, leaving retail investors disappointed. Despite all the hype, there was no market rally to follow, and analysts are saying Trump-related events just aren’t sparking the action they once did.
In a post on X on March 10, Matrixport analysts pointed out that retail investors are losing interest, as seen in the low perpetual futures funding rates, which remain in the single digits. That’s a far cry from the high funding rates we saw back in April and December 2024, which had much more market buzz.
📊Today’s #Matrixport Daily Chart – March 10 2025🔽
Crypto Market Awaits Bigger Catalyst as Retail Interest Remains Low#Crypto #BTC #CryptoMarket #CryptoSummit2025 pic.twitter.com/RABYNid6F3
— Matrixport Official (@Matrixport_EN) March 10, 2025
Bybit’s latest report, done in partnership with Block Scholes, also noted that while certain crypto assets did see a bump after Trump’s announcement about the crypto reserve, funding rates stayed steady and didn’t hit the extremes. This signals that investors are waiting for something stronger to push the market forward.
Earlier, crypto.news had warned that Bitcoin and other cryptocurrencies might drop post-summit, following the classic “buy the rumor, sell the news” pattern. Essentially, traders buy in anticipation of big news, only to sell once it happens.
We’ve seen this play out before—like with Trump’s 2024 presidential victory, when crypto prices surged, only to lose momentum after his inauguration. Ethereum followed a similar pattern last September ahead of a spot ETF approval, only to drop afterward.
