$BTC $BTC is trading around $86,146, with a 24-hour high of $86,700 and low of $85,098. BTC is up about 0.3% over 24 hours, keeping today’s short-term tone slightly bullish.
Sentiment remains in Greed, with the Bitcoin Fear & Greed Index at 71, down from 78 yesterday. ETF demand has also been strong: U.S. spot Bitcoin ETFs recorded about $364.4M net inflows on Sept. 22, following a huge $999M inflow on Sept. 21.
$USDC remains focused on maintaining its $1 peg. Circle reports $74.6B USDC in circulation as of Sept. 21, with reserves backed by cash and cash-equivalent assets and 1:1 USD redemption.
Latest development: Binance announced a $100M investment in Circle on Sept. 22, strengthening its relationship with the company behind USDC.
Key points:
💵 Target: $1.00 🏦 Circulation: $74.6B 📈 Adoption: USDC circulation grew 19% YoY by Q2 2026. 🔎 Main things to watch: reserve transparency, regulation, and competition among stablecoins.