Bitcoin Surges Past $66,000 to Hit Highest Level in Over a Month

TradingKey09:55

TradingKey - Spot US Bitcoin ETFs recorded net inflows for six consecutive trading days, supporting Bitcoin's price as it climbed past $66,000 and sending a positive bullish signal.

On July 22, Bitcoin ( BTC) extended its recent rally, breaking through the key $66,000 mark in one go. Over the past 24 hours, Bitcoin rose 1.5% to a high of $66,890, marking its highest price in over a month.

As Bitcoin regained its strength, sentiment in the cryptocurrency market warmed up in tandem. Major crypto assets such as Ether, Ripple, and Solana advanced together, while market trading volume increased significantly.

This rally was mainly driven by a recovery in global market risk appetite, which attracted capital back to the crypto market. According to Coinglass data, US spot Bitcoin ETFs recorded continuous net inflows over the last six trading days, with a net inflow of $226 million this Monday (July 20), hitting a new high in nearly half a month.

From a technical analysis perspective, Bitcoin's price has broken out of its downward channel, signaling a reversal of the downtrend and paving the way for a further rebound. However, it might retest the $65,000 level before launching a new offensive, with the potential to challenge the $70,000 mark this week.

Bitcoin price chart, Source: TradingView

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Over the past 24 hours, Bitcoin rose 1.5% to a high of $66,890, marking its highest price in over a month.</span></p><p dir=\"ltr\"><span>As Bitcoin regained its strength, sentiment in the cryptocurrency market warmed up in tandem. Major crypto assets such as Ether, Ripple, and <a href=\"https://laohu8.com/S/HSDT\">Solana</a> advanced together, while market trading volume increased significantly.</span></p><p dir=\"ltr\"><span>This rally was mainly driven by a recovery in global market risk appetite, which attracted capital back to the crypto market. According to Coinglass data, US spot Bitcoin ETFs recorded continuous net inflows over the last six trading days, with a net inflow of $226 million this Monday (July 20), hitting a new high in nearly half a month.</span></p><p dir=\"ltr\"><span>From a technical analysis perspective, Bitcoin's price has broken out of its downward channel, signaling a reversal of the downtrend and paving the way for a further rebound. However, it might retest the $65,000 level before launching a new offensive, with the potential to challenge the $70,000 mark this week.</span></p><p dir=\"ltr\"><img height=\"374\" src=\"https://resource.tradingkey.com/uploads/20260722/bitcoin-btc-price-0175018cc74e4e3580599cc41747e941.png\" width=\"800\"/><span>Bitcoin price chart, Source: TradingView</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBXO","symbol_name":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","start_time":0,"source_url":"https://www.tradingkey.com/analysis/cryptocurrencies/btc/262045594-crypto-bitcoin-btc-price-etf-tradingkey","article_id":"2653787330","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20240105/e5c89d33f0c813e0fba4e50ee72b5f9f.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653787330","pubTimestamp":1784685317,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"U.S. spot Bitcoin ETFs recorded net inflows for six consecutive trading days, supporting Bitcoin prices as they surged past $66,000 and flashing positive bullish signals.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","BITI":"1倍做空比特币期货ETF-Proshares","BTC":"Grayscale Bitcoin Mini Trust","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BITO":"比特币期货ETF-ProShares","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BTCC":"Grayscale Bitcoin Covered Call ETF","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","YBTC":"比特币看涨期权ETF-Roundhill","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BTCI":"NEOS Bitcoin High Income ETF","BETH":"比特币&以太币期货ETF-ProShares","BTF":"比特币&以太币期货ETF-CoinShares","ARKB":"比特币ETF-21Shares","BETE":"等权重比特币&以太币期货ETF-ProShares","FBTC":"比特币ETF-Fidelity","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","BTFX":"比特币期货ETF-CoinShares","BPI":"Grayscale Bitcoin Premium Income ETF","BRRR":"比特币ETF-CoinShares","BITU":"2倍做多比特币期货ETF-Proshares","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","DEFI":"比特币期货ETF-Hashdex","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTCO":"比特币ETF-Invesco Galaxy","BITX":"2倍比特币期货ETF-Volatility Shares","IBIT":"比特币ETF-iShares","GBTC":"比特币ETF-Grayscale","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","HODL":"比特币ETF-VanEck","EZBC":"比特币ETF-Franklin","BCCC":"Global X Bitcoin Covered Call ETF","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","BTRN":"比特币期货ETF-Global X","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","MAXI":"比特币期货ETF-Simplify","BTCW":"比特币ETF-Wisdom Tree","BITB":"比特币ETF-Bitwise","SBIT":"2倍做空比特币期货ETF-Proshares","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF"},"translate_title":"比特币飙升至 66,000 美元以上，达到一个多月以来的最高水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITX":0.6,"BETE":0.6,"CBXJ":0.6,"BRRR":0.6,"BTRN":0.6,"CBXY":0.6,"DEFI":0.6,"BTCC":0.6,"BITU":0.6,"BITY":0.6,"BCCC":0.6,"IBIT":0.6,"YBTC":0.6,"BITO":0.6,"CBOA":0.6,"CBOY":0.6,"BITI":0.6,"FBTC":0.6,"CBTA":0.6,"QBF":0.6,"CBTJ":0.6,"CBTO":0.6,"MNRS":0.6,"MAXI":0.6,"BTC":1.98,"BTCZ":0.6,"BAGY":0.6,"BITB":0.6,"BTFX":0.6,"CBOJ":0.6,"CBXA":0.6,"GBTC":0.6,"DFII":0.6,"BFAP":0.6,"ARKB":0.6,"BPI":0.6,"HODL":0.6,"BTF":0.6,"BTCI":0.6,"EZBC":0.6,"SBIT":0.6,"BETH":0.6,"CBOO":0.6,"BTCL":0.6,"XBTY":0.6,"BFJL":0.6,"CBTY":0.6,"BTCW":0.6,"BTCO":0.6,"CBXO":0.6},"content_text":"TradingKey - Spot US Bitcoin ETFs recorded net inflows for six consecutive trading days, supporting Bitcoin's price as it climbed past $66,000 and sending a positive bullish signal.On July 22, Bitcoin ( BTC) extended its recent rally, breaking through the key $66,000 mark in one go. Over the past 24 hours, Bitcoin rose 1.5% to a high of $66,890, marking its highest price in over a month.As Bitcoin regained its strength, sentiment in the cryptocurrency market warmed up in tandem. Major crypto assets such as Ether, Ripple, and Solana advanced together, while market trading volume increased significantly.This rally was mainly driven by a recovery in global market risk appetite, which attracted capital back to the crypto market. According to Coinglass data, US spot Bitcoin ETFs recorded continuous net inflows over the last six trading days, with a net inflow of $226 million this Monday (July 20), hitting a new high in nearly half a month.From a technical analysis perspective, Bitcoin's price has broken out of its downward channel, signaling a reversal of the downtrend and paving the way for a further rebound. However, it might retest the $65,000 level before launching a new offensive, with the potential to challenge the $70,000 mark this week.Bitcoin price chart, Source: TradingViewFind out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653787330","isCrawlerRequest":true}