Trump's Push Sends Bitcoin Soaring to Three-Month High

Bitcoin surged to its highest level in three months on Friday, capping a three-day rally that lifted every major token and broke a seven-week range.

The move came after President Donald Trump pressed the Senate to pass the CLARITY Act at a White House meeting with crypto executives on Wednesday.

The bill needs 60 votes to advance, and traders had pushed the odds of passage into 2027 earlier this month after Majority Leader John Thune skipped an earlier cloture filing.

The Securities and Exchange Commission's token offering proposal on Tuesday and the president's remarks a day later put a legislative calendar back into the market.