Trump's White House Summit Pushes CLARITY Act, Crypto Prices Soar

Crypto prices surged after U.S. President Donald Trump urged Congress to pass a 'fair version' of the Digital Asset Market Clarity (CLARITY) Act at a White House summit.

The market capitalization of digital assets added nearly $190 billion in a single day, pushing it back toward $2.41 trillion. Bitcoin rose above $70,000 to roughly $71,700, while Ether gained 3.3% to its highest level in more than three months.

Major altcoins such as Ethereum, Solana, BNB, XRP, and Cardano also posted gains, with a wave of short-position liquidations adding to the market's upward momentum.