Cryptocurrencies rally as Bitcoin jumps 6% to surpass $71,000 Market data shows Bitcoin rising to $71,113.6, up 6.0% in the past 24 hours; Ethereum climbed to $2,070.22, up 5.32% in the past 24 hours. On the news front, U.S. President Trump stated that the country's first regulatory framework for stablecoin issuance, the 'GENIUS Act,' is being threatened and undermined by the banking industry, while urging Congress to expedite the advancement of the crypto market structure bill. Shortly after, Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on the X platform, once again calling for the swift passage of the 'CLARITY Act.' He affirmed that Trump's stance on pushing the 'CLARITY Act' forward is correct, emphasizing the importance of establishing a forward-looking digital asset market structure. The CFTC is prepared to implement the act during Trump's term.