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Bitcoin and crypto surge as Trump backs industry and US Treasury lowers yields, sparking bullish outlook to $100K by 2026

Market News
20 Aug 2026
CNBC
View Source
Bullish
Bitcoin and crypto surge as Trump backs industry and US Treasury lowers yields, sparking bullish outlook to $100K by 2026

Bitcoin, ether, and other cryptocurrencies rallied after former US President Donald Trump expressed support for the crypto sector and urged Congress to pass a supportive bill. The US Treasury's move to increase buybacks of long-term bonds lowered yields, making riskier assets like Bitcoin more attractive. Experts predict Bitcoin could reach $100,000 by the end of 2026, driven by favorable macroeconomic and policy factors. This momentum also triggered significant short liquidations and pushed ether to a three-month high.

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Ethereum supply on exchanges hits multi-year low as institutional buying and technical support boost price outlook.

Ethereum supply on exchanges hits multi-year low as institutional buying and technical support boost price outlook.

Ethereum's supply on centralized exchanges has dropped to 14.88 million ETH, the lowest in years, reflecting strong institutional demand highlighted by Bitmine's recent $69.44 million ETH purchase. U.S. spot Ethereum ETFs have seen net inflows since ...

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Iran approves Bitcoin and USDT for international trade amid US sanctions crackdown

Iran approves Bitcoin and USDT for international trade amid US sanctions crackdown

Iran's central bank has officially authorized the use of Bitcoin and Tether's USDT stablecoin for international business transactions, aiming to bypass US sanctions. In 2025, about $10 billion in digital currency flowed through Iranian networks, with...

Market News
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4 hours ago
XRP rises 3.8% to $1.43 with bullish patterns hinting at potential surge to $2.10

XRP rises 3.8% to $1.43 with bullish patterns hinting at potential surge to $2.10

XRP's price climbed 3.8% to $1.43, showing strong weekly gains amid positive technical signals like a descending triangle and bull flag patterns. Analysts highlight key resistance levels at $1.40 and $1.50, with potential breakouts possibly driving p...

Technical Signals
Bullish
4 hours ago
Solana posts first positive monthly candle in nearly a year, signaling potential bullish reversal above $150.

Solana posts first positive monthly candle in nearly a year, signaling potential bullish reversal above $150.

Solana (SOL) closed its first positive monthly candle in almost a year, with technical indicators like RSI and MACD showing bullish signals. A large investor accumulated over 285,000 SOL tokens worth nearly $29 million during the recent rebound from ...

Technical Signals
Bullish
4 hours ago
Polkadot community votes on dotUSD, a new decentralized stablecoin backed by DOT and USDT liquidity.

Polkadot community votes on dotUSD, a new decentralized stablecoin backed by DOT and USDT liquidity.

Polkadot's governance is voting on a proposal to launch dotUSD, a native decentralized stablecoin initially backed by USDT and later by DOT collateral. The plan includes creating a $5 million liquidity pool combining DOT and USDT, with a phased rollo...

Protocol Fundamentals
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