Markets· ★★★★· bullish·

Bitcoin holds $86,400 as three drivers prevent a pullback

  • US spot BTC ETFs took in $998.95 million on September 21, their best day of 2026
  • BlackRock's IBIT led with $381 million; ARKB and Fidelity's FBTC added about $530 million combined
  • ETF holders' average cost is around $81,700, putting them in profit for the first time since January
  • Bitcoin broke above its 50-week moving average for the first time in 45 weeks after the Fed hike
Why it matters: The next test is the August PCE inflation print on September 30, which will shape whether bitcoin holds above $86,000.
Source: Journal du Coin