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Bitcoin tops $66,500 as US crypto rules and ETF inflows boost market confidence

Market News
19 Aug 2026
Tokenpost
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Bullish
Bitcoin tops $66,500 as US crypto rules and ETF inflows boost market confidence

Bitcoin surged above $66,500, its highest since July, driven by new US crypto regulations and strong spot Bitcoin ETF inflows, including $223.1 million into BlackRock’s IBIT. The US SEC’s Regulation Crypto Assets proposal aims to ease fundraising for crypto firms and clarify asset classifications, fostering a more supportive environment. Additionally, improved liquidity from increased US Treasury bond buybacks and ongoing discussions between regulators and crypto firms are bolstering market optimism. Bitcoin’s technical indicators also turned positive, reinforcing bullish sentiment in the crypto market.

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