Bitcoin Rally Gains Broad Support as Institutions, Whales, Options Traders Pile In
2026-07-21 11:38:05
Bitcoin and the broader crypto market are rising on reports that the White House has agreed to the wording of an ethics package for the Clarity Act, a development that could aid the legislation in Congress. The rally is being supported by institutions, long-term holders and whales, with spot bitcoin ETFs drawing over $700 million across five trading days, according to CoinDesk, while traders also bought bull call spreads targeting $72,000 by month-end.
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