Bitcoin Finds Highest Level in over a Month

Dow Jones07-21

0950 ET - Bitcoin gains 1.7% to $66,443, the highest prices have gotten for the token since June 2. Bitcoin has posted gains for the last three weeks. Today's uptick moves the resistance level for bitcoin up to $68,000, says analysts with Bitfinex in a note. "The market's next direction will likely be decided near the US$68,000 level, where a concentration of breakeven sellers is expected to provide the first major challenge to the rally," says Bitfinex. The firm pegs the short-term holder cost basis of bitcoin around $68,000, meaning that holders that want to exit the coin without stomaching a loss may take the opportunity of a price around that level to do so. (kirk.maltais@wsj.com)

 

(END) Dow Jones Newswires

July 21, 2026 09:50 ET (13:50 GMT)

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