What happened: Bitcoin broke past $78,650 on Thursday, marking its biggest single-day gain of 7%. The rally was sparked by President Trump's push for the Clarity Act alongside the U.S. Treasury doubling its bond buyback program. This massive upward move wiped out over $3 billion in short positions and drove $517 million into spot Bitcoin ETFs in a single session. Meanwhile, investors are flocking to the Pepeto presale, which has already raised over $10.7 million ahead of its expected listing.
Why it matters: This surge shows that when regulatory clarity and macroeconomic liquidity align, crypto markets react with explosive momentum. With major analysts targeting a run to $100,000 by the end of the year and capital flowing into both established giants like Bitcoin and utility-driven presales like Pepeto, the market is entering a highly bullish phase that rewards early movers.
