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Crypto

BTC/USD Signal 19/08: Rises Ahead of Trump Crypto Meeting

Buy the BTC/USD pair and set a take-profit at 66,875.

DailyForex

Publisher

Aug 19, 2026 at 7:13 AM UTC · 2 phút đọc

BTC/USD Signal 19/08: Rises Ahead of Trump Crypto Meeting
NewsLayer editorial artwork

Entities

bitcoin

Market Impact

BTC+5.60%$68,243

Last Updated

10 giờ trước

Đang dịch…

Bullish view

  • Buy the BTC/USD pair and set a take-profit at 66,875.

  • Add a stop-loss at 63,000.

  • Timeline: 1-2 days.

Bearish view

  • Sell the BTC/USD pair and set a take-profit at 63,000.

  • Add a stop-loss at 66,875.

Bitcoin price jumped overnight, even as the stock and bond markets pulled back. The BTC/USD pair was trading at 64,600, a few points above this week’s low of 62,357. It has remained inside this range in the past few months.

Bitcoin Rises Ahead of Trump Crypto Meeting

The BTC/USD pair rose as traders waited for the upcoming crypto summit between President Donald Trump and top crypto executives. Some of those who will attend the White House events are from companies like Robinhood, Ripple Labs, and Coinbase. Top officials from the SEC and CFTC will also attend the meeting.

The potential topics will be on crypto regulations, especially on the CLARITY Act, which has stalled in the Senate. Senate Majority Leader Thune has hinted that the bill will be voted in September.

Still, odds of the bill passing into law have dropped substantially in the past few weeks. That’s because Democrats have insisted that the bill include a provision that would bar Trump and future presidents from issuing crypto tokens.

Market Context

Bitcoin

BTC

$68,317

+5.72% (24H)

Market Cap

$1.37T

24H Volume

$27.3B

24H High

$69,577

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

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