Bitcoin surged past $87,000 on Monday, September 21, 2026, hitting an eight-month high — its strongest level since late January — as it gained more than $7,000 in under 24 hours, according to BigGo Finance and Benzinga. The rally wiped out nearly $1 billion in short positions and marked a dramatic reversal from just days earlier, when BTC had slumped to around $75,000-76,200 after the Senate rejected the CLARITY Act and the Fed hiked rates for the first time since 2023.
Spot Bitcoin ETFs led the charge, pulling in $433 million on Friday alone, with Binance Research noting August's inflows topped $3.5 billion — the strongest of 2026, per BusinessToday. Ethereum touched $2,800 for the first time this year, XRP reclaimed $1.50, and Dogecoin neared $0.10, according to BigGo.
Analyst Michaël van de Poppe declared "the bear market is over," eyeing $90,000-$91,000 next and potentially $98,000-$100,000 if momentum holds, per Benzinga. However, Santiment cautioned that such extreme bullish sentiment has historically preceded local market tops, per BigGo, and Bitcoin has since eased back toward the mid-$85,000s on Tuesday.
#BitcoinTops87KAtEightMonthHigh
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Spot Bitcoin ETFs led the charge, pulling in $433 million on Friday alone, with Binance Research noting August's inflows topped $3.5 billion — the strongest of 2026, per BusinessToday. Ethereum touched $2,800 for the first time this year, XRP reclaimed $1.50, and Dogecoin neared $0.10, according to BigGo.
Analyst Michaël van de Poppe declared "the bear market is over," eyeing $90,000-$91,000 next and potentially $98,000-$100,000 if momentum holds, per Benzinga. However, Santiment cautioned that such extreme bullish sentiment has historically preceded local market tops, per BigGo, and Bitcoin has since eased back toward the mid-$85,000s on Tuesday.
#BitcoinTops87KAtEightMonthHigh
#Bitcoin
$BTC
$USELESS
$ZEC
