Coinbase CEO Brian Armstrong said on X that he expects a bipartisan vote on the CLARITY Act on Sept. 15, followed by Uptober and the next cryptocurrency bull market. Bitcoin rebounded about 7% early on Aug. 19, while market participants pointed to proposed U.S. Securities and Exchange Commission rules for crypto assets, increased liquidity linked to expanded U.S. Treasury bond purchases and comments from U.S. President Donald Trump about possibly buying multiple cryptocurrencies as factors behind the move. The CLARITY Act is intended to establish a clearer market structure and regulatory framework for crypto assets in the United States.