Washington, 18 August 2026

Bitcoin rose above $69,000 and Ethereum gained more than 17% within 24 hours after a White House meeting involving Donald Trump helped fuel a broad crypto rally that also lifted shares of Strategy and Coinbase.

The trigger for the rally did not come from within the crypto industry itself but from developments in Washington, according to multiple sources covering the market move. Bitcoin traded at $69,671.11, up 8.41% over 24 hours and 9.20% over seven days, while Ethereum reached $2,253.89, a 17.61% daily gain and an 18.94% weekly increase. Other major tokens posted double-digit gains, with Solana up 11.57%, XRP up 10.46% and Zcash climbing 10.84%.

The 18 articles reviewed pointed to a single catalyst: a meeting at the White House tied to Donald Trump that, according to the sources, reassured investors about the policy outlook for digital assets in the United States. The meeting dominated the news flow around crypto markets, with Trump mentioned 34 times across the coverage and the White House appearing in 20 articles. The rally was described as a U.S.-driven impulse, corroborated by four independent sources with a confidence rating of 1.0.