---
title: "Bitcoin tops $71K as crypto rally gains momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296465194.md"
description: "Bitcoin surged past $71,000, extending a seven-day rally driven by short liquidations and positive regulatory signals. President Trump hosted crypto executives at the White House to discuss the CLARITY Act, though legislation remains stalled in the Senate. The price jump triggered $3.31 billion in crypto liquidations, primarily short positions. Consequently, cryptocurrency-linked stocks such as MicroStrategy, Coinbase, and Robinhood saw significant premarket gains."
datetime: "2026-08-20T09:26:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296465194.md)
  - [en](https://longbridge.com/en/news/296465194.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296465194.md)
generator: "portal-rs"
---

# Bitcoin tops $71K as crypto rally gains momentum


### Related Stocks

- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
- [STRK.US](https://longbridge.com/en/quote/STRK.US.md)
- [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md)
- [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [MST.US](https://longbridge.com/en/quote/MST.US.md)
- [HOOG.US](https://longbridge.com/en/quote/HOOG.US.md)
- [COIW.US](https://longbridge.com/en/quote/COIW.US.md)
- [ROBN.US](https://longbridge.com/en/quote/ROBN.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md)
- [SMST.US](https://longbridge.com/en/quote/SMST.US.md)
- [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md)
- [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md)
- [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md)
- [COIG.US](https://longbridge.com/en/quote/COIG.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md)
- [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md)
- [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [CONI.US](https://longbridge.com/en/quote/CONI.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [CONY.US](https://longbridge.com/en/quote/CONY.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [HOOX.US](https://longbridge.com/en/quote/HOOX.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md)
- [COIA.US](https://longbridge.com/en/quote/COIA.US.md)
- [COIO.US](https://longbridge.com/en/quote/COIO.US.md)
- [CONX.US](https://longbridge.com/en/quote/CONX.US.md)
- [COYY.US](https://longbridge.com/en/quote/COYY.US.md)
- [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md)
- [IMST.US](https://longbridge.com/en/quote/IMST.US.md)
- [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md)
- [MSST.US](https://longbridge.com/en/quote/MSST.US.md)
- [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md)
- [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md)
- [HODU.US](https://longbridge.com/en/quote/HODU.US.md)
- [HOOI.US](https://longbridge.com/en/quote/HOOI.US.md)
- [HOOW.US](https://longbridge.com/en/quote/HOOW.US.md)
- [HOOY.US](https://longbridge.com/en/quote/HOOY.US.md)
- [HOOZ.US](https://longbridge.com/en/quote/HOOZ.US.md)
- [HOYY.US](https://longbridge.com/en/quote/HOYY.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [07711.HK](https://longbridge.com/en/quote/07711.HK.md)
- [09311.HK](https://longbridge.com/en/quote/09311.HK.md)
- [07799.HK](https://longbridge.com/en/quote/07799.HK.md)
- [09399.HK](https://longbridge.com/en/quote/09399.HK.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)

## Related News & Research

- [Trump to host crypto executives as SEC weighs regulations](https://longbridge.com/en/news/296358805.md)
- [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md)
- [Binance now lets AI agents trade, but keeping them in check is largely up to users](https://longbridge.com/en/news/296466067.md)
- [Sound Financial Strategies Group LLC Invests $1.69 Million in Strategy Inc $MSTR](https://longbridge.com/en/news/296340836.md)
- [Bitcoin Custody for Institutional Clients Is Coming to Citi Later This Year](https://longbridge.com/en/news/296259278.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**