The crypto market trades at $2.41 trillion on April 10, marginally up from the previous close as a short squeeze across $248 million in positions gave buyers the initial push.

Bitcoin (BTC) rose 1.4%, outperforming the broader market, while Zcash (ZEC) surged 17% after breaking a bearish channel that had held since late January. The privacy coin sector jumped 6.7% alongside ZEC’s move.

• Trump’s inner circle rallied behind the CLARITY Act on April 9, with former crypto czar David Sacks, CFTC Chair Michael Selig, SEC Chair Paul Atkins, and Treasury Secretary Scott Bessent all calling on the Senate to pass the bill before the Banking Committee reconvenes on April 13. Senator Bernie Moreno warned that if it does not pass by…