Bitcoin Jumps 12% in Two Days on Clarity Act Push
Bitcoin hits its highest price since early June as Trump and crypto executives make a final push to pass the Clarity Act.
Bitcoin is on a tear. The flagship cryptocurrency surged 12% in just two days, reaching price levels not seen since early June — and the catalyst isn't a macro data print or an ETF approval. It's Washington.
President Donald Trump is personally involved in a last-ditch effort to push the Clarity Act across the finish line, and he's got the crypto industry's heaviest hitters alongside him. Top crypto executives have joined the charge, signaling that the industry is treating this legislative moment as make-or-break for regulatory legitimacy in the US.
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The Clarity Act matters because it could finally draw hard legal lines around which digital assets are securities and which are commodities — the kind of certainty that institutions have demanded before committing serious capital. Markets are pricing in optimism that this time, something actually passes. That's why Bitcoin is moving now, not after the vote.
For traders, this is the setup: legislative momentum plus executive-level pressure equals a short-squeeze-friendly environment. If the Act stalls or fails, expect a sharp reversal. If it clears, the next leg higher could pull altcoins with it. Watch the headlines out of Capitol Hill like they're earnings reports — because right now, they are.
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