finance
Bitcoin Climbs Above $66,000 on Crypto Bill Progress Reports
Bitcoin rose above $66,000 on July 21, 2026, its highest level in more than a month. Broader cryptocurrency markets advanced as reports emerged of progress on a U.S. regulatory framework for digital assets.
Jul 21, 7:02 AM·1m read1 source
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Bitcoin climbed above $66,000 on July 21, 2026, gaining 3.5% in 24 hours to reach $66,271.36, its highest price in just over a month. CoinDesk reported that speculation President Donald Trump had agreed to a key ethics provision for the crypto market structure bill supported the advance.
Eleanor Terrett posted on X that the specific language of the provision had been shared with a group of Senate Republicans.
The ethics measure had been a major obstacle to passage of the legislation, which seeks to establish a regulatory framework distinguishing digital commodities from securities. Ether, BNB and XRP recorded larger gains than Bitcoin. The CoinDesk DeFi Select Index rose 9%.
Bitcoin futures open interest increased to 770,000 contracts from less than 750,000 the previous day. Dogecoin futures open interest reached 15.50 billion tokens, the highest level since May 5. Solana recorded tokenized asset volume of $5.8 billion in the second quarter, up 114% from the prior quarter and marking six straight quarters of growth.
The broader tokenized real-world asset market, excluding stablecoins, reached more than $33 billion by July 2026, nearly triple the level of roughly $12 billion a year earlier. Bitcoin’s 30-day implied volatility index stopped declining even as the price rose.
