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Bitcoin (CRYPTO: BTC) is soaring today, up 5.5% as of 3:07 p.m. ET on Aug. 19, 2026, as President Donald Trump and crypto-industry executives meet at the White House.
The S&P 500 and Nasdaq Composite were up 0.3% and 0.2%, respectively, on Wednesday.
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Trump is meeting crypto executives at the White House on Wednesday afternoon. The group, which features executives from Coinbase Global, Payward, and Blockchain.com, will also meet with key regulators and White House staff, including Securities and Exchange Commission (SEC) Chair Paul Atkins, Commodity Futures Trading Commission (CFTC) Chair Mike Selig, and White House crypto advisor Patrick Witt.
Investors are hoping the meeting will lead to movement from Congress. The Clarity Act, which would provide a legal framework for the crypto market, is stalled in the Senate. Whether that comes to pass is very much an open question.

#Crypto #signal #wednesday #chair
2 months ago

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