Bitcoin Hits $65,000 After Trump's Pro-Crypto Remarks

On August 7, Bitcoin climbed to $65,177 following Trump's comments on the growing use of digital assets and the need for U.S. leadership to counter China.

He highlighted crypto's benefits in easing pressure on the dollar and backed clearer rules like the Clarity Act.

Traders linked the rally directly to his words, with Ethereum steady above $1,900 as the market added billions in value.

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