CoinScoopBitcoin Holds $86,400 Amid Strong ETF Inflows and Market Stability
Bitcoin maintains a price around $86,400 on September 23, following a significant short squeeze. U.S. spot Bitcoin ETFs recorded their best day of 2026 on September 21, with $998.95 million in net inflows, led by BlackRock's IBIT. Analysts note that the average cost basis for ETF holders is approximately $81,700, placing them back in profit. Additionally, a decline in oil prices has bolstered the Nasdaq, providing a favorable environment for risk assets like Bitcoin.
Summaries are written by AI from the original article. Not investment advice.