Bitcoin picks up speed. BTC crossed $66,500 before continuing its rise towards $69,000. Matt Hougan, Bitwise's Chief Investment Officer, sees three reasons behind this movement. They all come from the United States: the SEC, the Treasury, and new political discussions around crypto.
Citi accelerates into crypto by launching institutional Bitcoin custody before end of 2026, facing stiff competition from rivals.
Donald Trump mentions a legal entry of Hyperliquid into the United States. The HYPE crypto jumps 19%. All the details in this article!
Bitcoin lost more than 50% between its October 2025 peak and its June low. However, BlackRock does not change its position. In a new report dedicated to BTC, the world's largest asset manager maintains an allocation of 1 to 2% in a traditional portfolio. For them, the drop mainly comes from leverage, institutional outflows, and sales from large holders. Not from a change in the Bitcoin case.
Donald Trump pressures the American Senate. This Wednesday, the president gathered several major figures from the crypto industry at the White House to try to unblock the CLARITY Act. The text, stuck in Congress, now crystallizes a confrontation that goes beyond the mere regulation of cryptos. Washington is also playing its ability to maintain its technological lead over China, against a backdrop of political tensions and disagreements over the sector's framework.
The rebound of bitcoin toward $69,000 is gaining strength. Geoff Kendrick, analyst at Standard Chartered, links this progression to an improvement in liquidity. His analysis is based on US Treasury measures concerning long-term bonds. The $65,500 level becomes central. A break could signal that the bottom has been reached and open a new phase. This development occurs as the market watches yields. A favorable context supports his analysis and projection.
The crypto market has just received a powerful boost. On August 19, 2026, the U.S. Treasury announced the doubling of its bond buybacks, triggering an immediate reaction in cryptos. Ethereum has crossed key technical thresholds, while altcoins followed in a significant movement fueled by the liquidation of short positions. After several months of sluggishness, this liquidity injection changes market dynamics. The question remains whether this awakening marks the start of a new bullish phase or merely a temporary surge driven by macroeconomics.
The large holders of bitcoin seem to be returning to buying. Around 43,000 BTC have reportedly been accumulated over 60 days, according to data from CryptoQuant relayed on August 19th by Bitcoin.com News. The movement contrasts with previous months marked by more sales. However, it is not enough yet to speak of a real supply shock.
Bitcoin continues its rebound and is now approaching $72,000, representing an increase of about 15% since Monday. The renewed liquidity in the United States and progress around the CLARITY Act support the movement. On the stock market, companies exposed to cryptos are also benefiting.
Memecoins continue to attract traders on Solana. Profits, much less so. Among the 304,161 active wallets over the past 90 days, only 19,003 show a positive result. That represents 6.25% of the traders followed. The median crypto trader loses 120 dollars. Even among the winners, large profits remain rare.