Bitcoin Surges as Institutional Demand, Short Covering, Clarity Act Progress Converge

The cryptocurrency jumped more than 9% to hit a peak of $79,455 on Friday-its highest level since late May-as a combination of catalysts coincided.

U.S. Stocks Rise as Bitcoin Nears $80,000

U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment.

Gold Above $4,600 on Weaker Dollar, Debt Fears