21:44 - 19.08.2026

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August 19, Fineko/abc.az. Bitcoin recorded its fastest rally since March on Wednesday, jumping up to 8% to reach a June high of nearly $69,500.

The surge was fueled by rising optimism ahead of U.S. President Donald Trump's meeting with executives from crypto giants, including Coinbase, Payward, and Blockchain.com.

The price action was further bolstered by the U.S. SEC proposing exemptions for certain digital asset offerings from registration statements. Market analysts note that while the rally reflects renewed buyer confidence, the critical test lies in whether Bitcoin can maintain momentum to challenge the $75,000 resistance level.