
Bitcoin Jumps 8% to $87,000 Over Holiday, Then Slips Below $84,000
- —BTC gained roughly 8% from $80,900 to $87,000 during the Sept 19–23 holiday period
- —US spot bitcoin ETFs drew about $1.71B in net inflows on Sept 21–22
- —Roughly $648M in short positions were liquidated across crypto in 24 hours
- —The 10-year Treasury yield rose from 4.96% to 5.11%, pushing BTC below $84,000
Why it matters: Strong ETF inflows lifted BTC, but $16B in options expire on Sept 25 and US rate moves remain the key risk.
Source: CoinChoice