Bitcoin skyrockets over 25% as regulatory support boosts market confidence

In the U.S., Bitcoin surged over 25% to $79,500 after weeks of stagnation. This rally was driven by short covering and a liquidity push from the U.S. Treasury, which doubled its bond buyback program. Regulatory support, including a new proposal from the SEC and advocacy from President Trump for the Digital Asset Market CLARITY Act, further boosted market confidence.

Bitcoin skyrockets over 25% as regulatory support boosts market confidence
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Updated Aug 22, 2026 First published Aug 21, 2026
Mestios ReporterCole HarrisonAlex Moreno

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