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Charles Schwab's Adam Lynch analyzes the surge in Bitcoin brought by rhetoric from President Trump saying he wants the Clarity Act passed. As Adam mentions, the legislation faces a mid-September deadline before it is likely shelved until 2027. That said, Thursday's short squeeze and a boost of institutional investments give him confidence cryptocurrencies have more room to run.

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Clarity Act on the Clock: Bitcoin Rallies as Legislation Faces Key Deadline

Schwab Network

Clarity Act on the Clock: Bitcoin Rallies as Legislation Faces Key Deadline