Bitcoin News Today: BTC Climbs to $64,598 as Meme Coin Rally Lifts Risk Appetite

Last Updated: July 26, 2026

Bitcoin is trading at $64,597.70 as of July 26, 2026, up 0.78% over the past 24 hours and up 0.26% over the past week, with a market cap of roughly $1.29 trillion. The gain comes as risk appetite broadly returns to crypto: meme coins are leading the charge, with Shiba Inu up 25% and the total meme coin market cap climbing 11% to $24.74 billion, while retail hype builds ahead of a possible CLARITY Act floor vote. Even so, prediction markets have continued trimming the bill’s odds, with Polymarket’s implied 2026 passage probability now at 34%, down from 38% a day earlier.

Key Takeaways

• Bitcoin trades at $64,597.70, up 0.78% today and up 0.26% over the past week; market cap sits near $1.29 trillion on $11.71 billion in 24-hour volume
• Meme coins are driving today’s rally, with Shiba Inu up 25% and the sector’s combined market cap up 11% to $24.74 billion
• CLARITY Act 2026 passage odds slipped further to 34% on Polymarket, continuing a multi-day decline from 46% earlier in the week
• Russia’s Sberbank announced plans to launch a crypto trading and digital custody platform by December 2026, ahead of new Russian crypto regulations taking effect September 1
• The Federal Reserve’s next rate decision lands July 28-29, with markets pricing roughly a 70% chance the Fed holds rates steady

Market Overview

Metric	Value
Price	$64,597.70
1h Change	+0.34%
24h Change	+0.78%
7d Change	+0.26%
Market Cap	$1.29T
24h Volume	$11.71B
Circulating Supply	20.06M BTC

Additional Metrics

Metric	Value
Fully Diluted Valuation	$1.35T
Max Supply	21M BTC
Treasury Holdings (corporate/institutional)	1.35M BTC
Vol/Market Cap (24h)	0.92%

Bitcoin’s 24-hour trading volume of $11.86 billion is down roughly 35% from the prior day, even as price ticked higher — a sign today’s move is being driven by steady buying pressure rather than a volume spike. Corporate and institutional treasury holdings now stand at roughly 1.35 million BTC, underscoring how much of Bitcoin’s fixed 21 million supply is concentrated in long-term institutional hands rather than actively traded.

Bitcoin Price Today

BTC has recovered from Friday’s dip toward $64,000 to trade back above $64,500, tracking a broader risk-on move across crypto rather than any Bitcoin-specific catalyst. Analysts had expected Bitcoin to stay range-bound between $63,800 and $64,500 heading into the weekend; today’s move pushes modestly above that range as meme coins and altcoins pull capital back into the market.

Support and Resistance

Level	Price
Resistance 2	$66,700
Resistance 1	$65,100
Current Price	$64,598
Support 1	$63,800
Support 2	$62,000

Why Is Bitcoin Up Today?

Today’s gain looks like a retail-led relief rally rather than an institutional-driven move. The meme coin sector’s 11% single-day surge — led by Shiba Inu’s 25% jump on a 782% spike in trading volume — signals renewed retail risk appetite, and that sentiment is spilling into majors including Bitcoin. Separately, Sberbank’s announcement of a crypto trading and custody platform by December 2026 is a notable institutional signal from Russia’s largest bank, timed ahead of new domestic crypto regulations taking effect September 1. On the regulatory side, the CLARITY Act’s continued erosion in prediction markets — down to 34% from 46% earlier this week — hasn’t stopped today’s rally, suggesting today’s move is being driven by short-term sentiment rather than legislative expectations.

What This Means for the Days Ahead

Two catalysts are on the calendar this week: the Federal Reserve’s July 28-29 meeting, where markets currently price roughly a 70% chance of a hold, and Zcash’s Ironwood network upgrade, also activating July 28. Neither is Bitcoin-specific, but both could shape broader risk sentiment. On the regulatory front, watch whether Senate Majority Leader Thune schedules any floor action on the CLARITY Act before the August recess — even a partial process would keep the bill alive for a fall vote rather than resetting it.

For broader market context, see crypto market today and today’s top crypto headlines. Ethereum and XRP are also trading higher today — see Ethereum news today and XRP news today — while Dogecoin is the standout mover among majors: see Dogecoin’s price page. Zcash is trading into its Ironwood upgrade — see Zcash news today — and HBAR news today covers Hedera’s move today. For the underlying drivers behind days like this, see what makes Bitcoin’s price go up or down and why is crypto down today (useful context even on an up day, for comparison).n today.