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Crypto

Trump's Crypto Bill Push Sends Bitcoin Surging Past $75,000

Guavy AI Editorial Team
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HYPE BTC
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Bitcoin has surged past $75,000, its highest level since April, as US President Donald Trump called on Congress to pass legislation that could give the crypto industry a boost.

The latest push came after Treasury yields came down, which helped Bitcoin gain 20% in four days. Trading in the iShares Bitcoin Trust ETF (IBIT) was already more than 4.5 times its 30-day average before the news broke.

Trump also raised the idea of regulating Hyperliquid, a decentralized exchange popular for perpetual futures trading. The HYPE token on Hyperliquid is up about 25% over the past 24 hours, according to CoinGecko.

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