By Jason Chau and Emese Bartha

Bitcoin jumped 7.09% to US$69,266 and Ethereum soared 17.48% as Trump urged Senate passage of the CLARITY Act. A short squeeze and $1.14B in liquidations amplif

Bitcoin surges past $70,000 as lower US yields, ETF inflows and regulatory hopes fuel a powerful crypto rally, catching short sellers off guard.

By Jason Chau and Emese Bartha