During the trading week ending August 21, Bitcoin rallied as the White House renewed its push for passage of the Clarity Act. That bounce implied that this week would be a test for the durability of Bitcoin's rebound – and the leading cryptocurrency is passing in strong fashion.
On the back of the White House's cryptocurrency confab, which brought together policymakers and leaders of the digital asset community, Bitcoin notched a double-digit gain over August 19-20 — a rally that pumped new life into the largest digital currency.