🔥 Markets bullish as BTC tops $71K, Ethereum tops $2,200 on US Clarity Act

Today, August 20, 2026, crypto markets are witnessing a strong bullish trend. Bitcoin and Ethereum prices have risen sharply after President Trump pushed Congress to pass the 'Clarity Act'.

📈 Market Overview and Key Updates:

* Bitcoin ($BTC ): BTC opened at $69,289.44 today (up 7.1% from yesterday's open) and reached $71,980.32 by 9:15 AM (ET).

* Ethereum ($ETH): Ethereum rose 17.5% to open at $2,251.93 and reached $2,293.10 by 9:16 AM (ET). 💡 Key drivers behind the rally:

* Efforts to enact the Clarity Act: The proposed legislation aims to determine whether cryptocurrencies should be regulated as securities or commodities. While it is currently stuck in the Senate, a procedural vote is scheduled for September.

* Falling Treasury yields: The fall in long-term Treasury yields after the US Treasury announced a doubling of its long-term debt repurchases has drawn investors back to high-yielding risk assets like digital currencies.

📊 BTC and ETH performance highlights:

| Asset | 1-week | 1-month | 1-year | All-time high (ATH)

|---|---|---|---|---|

Bitcoin (BTC) | +9.3% | +7.1% | -38.6% | $126,198.07 (October 2025)

Ethereum (ETH) | +19.9% ​​| +20.3% | -44.7% | -- |

💳 Crypto Insight: How do crypto credit cards work?
Unlike traditional credit cards that offer points or cashback, crypto credit cards reward you directly in cryptocurrency at market value.

* Example: Earn $15 worth of Bitcoin directly into your crypto wallet by spending $500 at a 3% rewards rate.

* Growth potential: Holding your rewards in crypto could see your cashback value grow with future market growth!

Do you think $BTC will bounce back to its all-time high (ATH) of $126K if the Clarity Act passes? Share your thoughts below! 👇

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