Bitcoin Jumps 7% After Trump Meets Crypto Executives and Regulators

Bitcoin gained 7% after President Trump held a meeting with crypto executives and the heads of the Securities and Exchange Commission and Commodity Futures Trading Commission, then called on Congress to move forward on crypto legislation. The rally reflects investor hope that a high-profile meeting involving both regulators signals momentum toward a clearer legal framework for digital assets, something the industry has sought for years. A separate item this week noted that reopening a settled provision in the pending Clarity Act four weeks before a vote could sink the bill, according to Blockchain Association CEO Summer Mersinger — a reminder that legislative risk has not gone away. What remains unresolved is whether Congress moves on any timeline that matches investor expectations, or whether the bill stalls over the disputed provision Mersinger flagged.