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Bitcoin Back Above $66,000: Five Signals Driving the Five-Week High

Published July 22, 20261 min read
Bitcoin Back Above $66,000: Five Signals Driving the Five-Week High

Bitcoin touched a five-week high of $66,400 on Monday before settling in the $65,900-$66,000 range on Wednesday, July 22, now trading roughly 15% above its June cycle low of $58,559. Two catalysts are doing the work: a five-day streak of U.S. spot ETF inflows totaling approximately $727 million, the longest consecutive buying run since April, and growing legislative momentum behind the Clarity Act, a market-structure bill that would give digital assets a clearer regulatory framework. Crypto-native stocks registered the news first: Circle (CRCL) and Coinbase (COIN) each gained roughly 9% on July 21 after a report that President Trump agreed to an ethics provision that had stalled the legislat…

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Bitcoin Back Above $66,000: Five Signals Behind the Rally | MarketIntelLabs