Bitcoin Hits Three-Month High Near $80,280 After Trump Backs Crypto Regulation Bill

Bitcoin rose about 25% in a week to roughly $80,280 on August 25, 2026, a more-than-three-month high, after President Trump backed the Clarity Act, proposed legislation to create a clearer regulatory framework for digital assets. The bill has not been enacted. Kalshi traders pegged bitcoin's end-2026 price at about $75,000 as of August 21.