President Donald Trump is set to announce a strategic crypto reserve at the White House Crypto Summit, despite opposition from the cryptocurrency community. Commerce Secretary Howard Lutnick revealed that Bitcoin will have a distinct status under Trump's plan, with other cryptocurrencies facing separate regulations. Following anticipation of positive policy updates at the summit, Bitcoin saw a price increase of over 7%, reaching approximately $90,000. Representatives from prominent crypto companies like Coinbase are expected at the summit, but specific details about the reserve's scale and operation are still unknown.