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Bitcoin climbs above $65,000 amid US market rebound and strong ETF inflows, eyeing $76,000 resistance.

Market News
19 Aug 2026
Blockonomi
View Source
Bullish
Bitcoin climbs above $65,000 amid US market rebound and strong ETF inflows, eyeing $76,000 resistance.

Bitcoin surged past $65,000, its highest since mid-August, driven by a rebound in US equities and easing geopolitical tensions. Spot Bitcoin ETFs in the US saw nearly $300 million in net inflows, signaling renewed institutional interest. Technical analysts highlight a potential bullish breakout toward $76,000 if momentum holds, while long-term holders have reduced their Bitcoin positions recently. This suggests Bitcoin may be entering an accumulation phase after a prolonged bear cycle.

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