Bitcoin and Ethereum Open Higher on July 22, 2026, Before Losing Steam

On Wednesday, July 22, 2026, Bitcoin opened at $66,508.87 (up 2% from Tuesday) and Ethereum opened at $1,928.62 (up 1.3%), but both cryptocurrencies moderated by mid-morning, with Bitcoin falling to $65,556.99 and Ethereum to $1,918.35. The positive opening was attributed to six consecutive days of inflows into U.S. spot Bitcoin ETFs and progress on the Digital Asset Market Clarity Act, which had been stalled over an ethics provision. Despite short-term gains, both assets are down significantly year-over-year: Bitcoin by 43.4% and Ethereum by 48.7%. The article also provides tax guidance for crypto transactions and notes all-time highs of $126,198.07 for Bitcoin (Oct. 2025) and $4,953.73 for Ethereum (Aug. 2025).

First published Aug 4, 02:02 PM UTCUpdated Jul 22, 03:34 PM UTC1 reports · 1 sources

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Bitcoin and Ethereum Open Higher on July 22, 2026, Before Losing Steam

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Bitcoin and Ethereum Open Higher on July 22, 2026, Before Losing SteamYahoo FinanceWesternJul 22, 03:34 PM UTC

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