https://www.live-feeds.com/feed/bitcoin-soars-above-70-000-after-trump-urges-passage-of-clarity-actContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bitcoin-soars-above-70-000-after-trump-urges-passage-of-clarity-acthttps://www.live-feeds.com/feed/bitcoin-soars-above-70-000-after-trump-urges-passage-of-clarity-act#u45818Fri, 21 Aug 2026 08:26:31 +0000Bitcoin climbed above $70,000 after President Trump urged the passage of the Clarity Act during a crypto event at the White House. Trump joined executives from cryptocurrency companies to advocate for the industry-backed legislation. This push for new regulatory rules occurs as the president faces scrutiny regarding his own financial interests and potential conflicts of interest related to the event. While the market reacted positively to the legislative push, critics characterize the White House gathering as a source of financial conflicts.Why it mattersThe Clarity Act aims to establish a for