Thursday, 20 August, 2026
Regulatory Relief Spark: Crypto Rally Ignited as Trump Pushes Congress for 'Clarity Act'
By TechShots Studio
Bitcoin surged past $71,000, lifting the broader crypto market by nearly $190 billion alongside related shares. The rally followed President Donald Trump’s White House meeting with top crypto executives, where he urged Congress to swiftly pass the Crypto CLARITY Act. Investors responded enthusiastically to prospects of clear regulatory oversight, which would divide jurisdiction between the SEC and CFTC and reduce market uncertainty.