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Bitcoin hits two-week high near $65,500 as chip stocks rebound and $600M flows into ETFs.

Market News
21 Jul 2026
Coindesk
View Source
Bullish
pluang ai news

Bitcoin rose to about $65,500, its highest in two weeks, driven by a rebound in Asian semiconductor stocks and a broad risk rally. This recovery was supported by over $600 million in inflows into U.S. spot bitcoin ETFs over five days, marking strong institutional interest. Ether and other major cryptocurrencies also gained. Traders are cautious ahead of the Federal Reserve meeting later this month, which could influence the rally's direction amid ongoing macroeconomic uncertainties and potential rate hikes.

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Bitcoin jumps above $66,000 on hopes US Clarity Act crypto bill will pass soon

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Polymarket traders now assign a 70% probability that Bitcoin will reach $67,500 in July, up from 56% earlier this week, as BTC trades near $66,000. The market expects Bitcoin to stay mostly range-bound between $65,000 and $67,500, with limited chance...

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