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Bitcoin jumps 12% in two days as Trump and crypto executives mount last-ditch Clarity Act push

8/20/2026

$BTC is in focus after a 12% two-session gain carried Bitcoin to its highest price since early June.

President Donald Trump joined crypto industry executives in what participants described as a last-ditch effort to move the Clarity Act toward passage. The bill's legislative outcome is the next signal for the setup.

The print is what the tape has. Twelve percent over two sessions is the gain. Bitcoin reaching its highest level since early June is the chart point that now gets tested.

The nature of the catalyst matters for how long this holds. Political moves don't carry the same durability as protocol-level changes or spot demand shifts.

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