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White House · Bitcoin · Donald Trump · CLARITY Act · New York · Coinbase ·

Bitcoin’s price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto

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Mathew Di Salvo.

The leading cryptocurrency was trading for $71,758 at 8am in New York, after jumping nearly 12% over a 24-hour period.

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Summary

The Bitcoin price surged by nearly 12% in 24 hours after President Trump hosted crypto bigwigs at the White House. Bitcoin’s price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto executives and urged lawmakers to get the long-awaited Clarity Act over the line. The surge comes after President Trump held a meeting at the White House with crypto bigwigs, including Kraken and Coinbase CEOs, where he said that getting the Clarity Act over the line would keep the U.S. ahead of China. “Now we need Congress to take the next step by passing the Clarity Act, a fair version of the Clarity Act, and this landmark structure legislation,” he said at a Wednesday press conference, and even hinted that the U.S. may be open to accumulating bitcoin.

#White House #Donald Trump #Bitcoin #CLARITY Act #New York #Coinbase