Bitcoin Reaches $85,000 as Short Liquidations Exceed $640 Million
Bitcoin briefly surpassed $85,000 on September 21, 2026, marking its highest level since January 2026. The rally, supported by renewed inflows into U.S. spot Bitcoin ETFs, saw over $750 million in total liquidations, with $648.3 million coming from short positions. Major altcoins including Ether, XRP, and Solana also posted significant gains as global risk assets strengthened.
Summaries are written by AI from the original article. Not investment advice.