Why Bitcoin Is Up Today
Bitcoin jumped 7% after President Trump sat down with crypto executives and the heads of the SEC and CFTC -- then told Congress to get moving on the Clarity Act..
Overview
Bitcoin (CRYPTO: BTC) is up 6% in the last 24 hours as of 3:14 p.m. ET on Aug. 21, 2026, extending a rally that began with President Trump's Aug. 19 meeting with cryptocurrency executives at the White House.
The S&P 500 and Nasdaq Composite are both up 0.4% in Friday's trading.
Details
On Wednesday, President Trump and leaders from the crypto industry met at the White House. Executives from companies like Coinbase and Ripple, the company behind XRP, joined by the heads of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), discussed the future of digital assets.
Source
Originally published at www.fool.com.
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