🚨 $BTC has returned above $86,000
Bitcoin is gaining momentum again — $BTC has risen above $86,000, adding about 2–3% over the past day. 📈
The main factor is that the market is expecting less and less further tightening of the Fed’s policy. Investors are looking for fresh U.S. labor market data, which could influence future rate decisions.
🔥 But there’s another important signal:
U.S. spot Bitcoin ETFs attracted around $2.65B in September — one of the largest monthly inflows over the past year.
And during today’s upward move, about $110M worth of shorts was liquidated in just 10 minutes, further accelerating the rally.
💰 Bottom line:
BTC is off to a strong start in October; institutional demand remains high, and the market is closely watching the Fed and macro data.
If the momentum holds, $90,000 will once again become one of the key psychological levels for BTC. 👀
Bitcoin is gaining momentum again — $BTC has risen above $86,000, adding about 2–3% over the past day. 📈
The main factor is that the market is expecting less and less further tightening of the Fed’s policy. Investors are looking for fresh U.S. labor market data, which could influence future rate decisions.
🔥 But there’s another important signal:
U.S. spot Bitcoin ETFs attracted around $2.65B in September — one of the largest monthly inflows over the past year.
And during today’s upward move, about $110M worth of shorts was liquidated in just 10 minutes, further accelerating the rally.
💰 Bottom line:
BTC is off to a strong start in October; institutional demand remains high, and the market is closely watching the Fed and macro data.
If the momentum holds, $90,000 will once again become one of the key psychological levels for BTC. 👀