Bitcoin Soars After Trump Hosts Crypto Executives At White House And Urges Passage Of Clarity Act

Bitcoin climbed back toward the $70,000 level late Wednesday after President Donald Trump met with top crypto executives at the White House and urged Congress to pass the stalled “CLARITY Act.” Bitcoin rose to $69,825, up more than 8.5% from Tuesday’s price and its highest point since early June, when it slipped below $70,000. Ether jumped to $2,261.26, up more than 18.3% over Tuesday. Other major tokens also gained, including Solana (+11.5%), XRP (+10.6%), Binance Coin (+4.3%) and meme coin DOGE (+7.3%). The event took place a day before the CFTC’s first Innovation Advisory Committee meeting.