This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Consent Selection
Details
  • Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
    • We do not use cookies of this type.

  • Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
    • We do not use cookies of this type.

  • Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
    • We do not use cookies of this type.

  • Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    • __emg_sidPending
      Maximum Storage Duration: 1 dayType: HTTP Cookie
      __emg_vidPending
      Maximum Storage Duration: 1 yearType: HTTP Cookie
      nl-read-countPending
      Maximum Storage Duration: PersistentType: HTML Local Storage
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Please state your consent ID and date when you contact us regarding your consent.
NewsLayer.com

Bitcoin Jumps to $71,500 on Trump’s ‘Sizeable’ Buy Plan. Why MSTR Is Still the Wrong Bet

Bitcoin (CRYPTO:BTC) is back in the spotlight after Washington hinted that cryptocurrency could soon be more than just a private-sector investment. The price climbed above $71,500 following President Trump’s remarks that the U.S.…

24/7 Wall St.

Publisher

Aug 20, 2026 at 11:00 AM UTC · 4 dk okuma

Bitcoin Jumps to $71,500 on Trump’s ‘Sizeable’ Buy Plan. Why MSTR Is Still the Wrong Bet
Image via 24/7 Wall St.

Entities

bitcoin

Market Impact

BTC+11.52%$71,880

Last Updated

5 dakika önce

Çevriliyor…

Bitcoin (CRYPTO:BTC) is back in the spotlight after Washington hinted that cryptocurrency could soon be more than just a private-sector investment. The price climbed above $71,500 following President Trump’s remarks that the U.S. government is reviewing plans to buy Bitcoin and other digital assets directly, at what he called a “sizeable” scale. 

That would mark a real shift from the Strategic Bitcoin Reserve set up in March 2025, which was meant to be funded mainly through seized assets. Trump also pushed Congress to move forward on the CLARITY Act, a broader bill aimed at establishing market structure rules for digital assets.

For Bitcoin investors, the message is clearly bullish — but there’s a meaningful gap between a presidential signal and an actual government buying program.

Trump Raises the Stakes, But Details Are Missing

Trump didn’t say how much Bitcoin the government might buy, when purchases would start, or how they’d be paid for. So the White House event creates a powerful potential catalyst without yet generating any real demand. Still, a government willing to buy Bitcoin with taxpayer funds would represent a genuinely new source of institutional demand, on top of ETFs, corporations, and individual buyers. And if the CLARITY Act passes, it could ease regulatory uncertainty by giving digital assets clearer rules to operate under.

Market Context

Bitcoin

BTC

$71,869

+11.50% (24H)

Market Cap

$1.44T

24H Volume

$55.8B

24H High

$72,406

View Bitcoin Market Page

Article Intelligence

Key Entities

Topics

Related Coverage

View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium