Bitcoin climbs on US Treasury buybacks and White House Crypto Summit outcomes for HYPE, XRP and INJ, with 4h chart showing overbought RSI at 85.4.

According to Crypto Rover, there is a rumor that former President Trump is expected to announce a 0% capital gains tax on U.S. cryptocurrency held for more than one year at an upcoming White House summit. If verified, this policy could significantly impact trading strategies by incentivizing long-term holding of cryptocurrencies, potentially reducing the taxable event frequency for traders (source: Crypto Rover).