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Bitcoin Surges 6% Following Trump's White House Crypto Meeting

Guavy AI Editorial Team
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Bitcoin has surged 6% in the last 24 hours as of August 21, 2026, building on momentum that began after President Trump's meeting with cryptocurrency executives at the White House on August 19.

The gathering included leaders from companies like Coinbase and Ripple, as well as heads from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), who discussed the future of digital assets.

Following the meeting, Trump urged Congress to pass the Clarity Act, which is currently stalled in the Senate. However, the SEC and CFTC have indicated they will proceed with rule changes and regulatory frameworks without Congressional approval.

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