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Bitcoin surges past $66,500 on new US crypto regulations and institutional ETF inflows.

Market News
19 Aug 2026
UToday
View Source
Bullish
pluang ai news

Bitcoin climbed above $66,500 for the first time since July, driven by three key catalysts: the SEC's new Regulation Crypto Assets proposal easing fundraising rules, the US Treasury's increased bond buybacks boosting liquidity, and a high-level meeting between the White House and crypto executives to advance crypto legislation. These developments sparked a reversal in institutional ETF flows, with significant inflows into Bitcoin ETFs, signaling strong institutional confidence. Technical analysis confirms a bullish trend, suggesting sustained momentum for Bitcoin amid improving regulatory clarity and market support.

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