Trump’s Crypto Clarity Push Sparks BTC and ETH Rally

1 min read
Source: CNBC
Trump’s Crypto Clarity Push Sparks BTC and ETH Rally
Photo: CNBC
TL;DR

Bitcoin and ether surged after President Trump urged Congress to pass a crypto-clarity bill, with BTC around $71,880 (about 5.2% higher) and ETH up more than 9% to $2,289 as traders pricing in a favorable macro backdrop and potential long‑term gains. Analysts have floated a move toward $100,000 for BTC by year‑end 2026. The rally was aided by a drop in yields from a robust Treasury buyback program and regulatory chatter around platforms like Hyperliquid, boosting appetite for higher‑risk assets even as BTC remains below its recent peaks.

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