Trump Meets Crypto Execs, Bitcoin Surges
Bitcoin surged by 5.5% to 3:07 p.m. ET on August 19, 2026, following a meeting at the White House between President Donald Trump and executives from Coinbase Global, Payward, and Blockchain.com.
The S&P 500 and Nasdaq Composite were up only slightly, with gains of 0.3% and 0.2%, respectively, on Wednesday.
The SEC proposed a rule change favorable to the industry just yesterday, and investors are hoping for movement from Congress.