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T
TEKTONIC
August 22, 2026

Bitcoin is up 22 percent this week. Trump pushed for the CLARITY Act. Treasury yields dropped. Is this the end of the crypto winter?

Three things happened at once this week. Trump convened crypto executives at the White House and personally called for Congress to pass the CLARITY Act. Treasury yields fell sharply after the government announced it would double long-term debt buybacks. And the crypto market exploded. Bitcoin up 22 percent in a week. Ethereum up 17.5 percent in a single session. Coinbase up 8 percent. Robinhood up 14 percent. Strategy up 10 percent. HYPE up 25 to 30 percent because Trump mentioned Hyperliquid by name. Bitcoin is still 40 percent below its October 2025 all-time high. The next test is September 15. The CLARITY Act needs 60 Senate votes to overcome a filibuster. Most analysts think passage is uncertain. Is this the start of the recovery or a bear market rally that reverses when the CLARITY vote fails?

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kumar007kumar007· Aug 22

I have been through enough crypto cycles to know that the end of a bear market never feels like the end while it is happening. Everyone is looking for reasons it is a fake rally. That universal skepticism is actually the most bullish sign I have seen in months.