Bitcoin Surges 6% After Trump's Cryptocurrency Meeting

Bitcoin is up by 6% over the last 24 hours as of August 21, 2026. This follows President Trump's meeting with cryptocurrency executives at the White House on August 19.

The Clarity Act was discussed during the meeting, and Trump called for Congress to move forward with it. The legislation is currently stalled in the Senate.

After the meeting, the SEC proposed several rule changes that would provide 'clarity for crypto markets.' The CFTC also stated that it will use its existing authorities to establish a regime for crypto asset markets if the Clarity Act isn't passed.