Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over
Why now
Thesis: Bitcoin above $85,000 revives crypto risk appetite and flows.
Catalyst to watch: Sustained breakout or ETF inflow acceleration.
Main risk: Sharp reversal revives 'crypto winter' fears.
Why it matters
Bitcoin above $85,000, its highest since January, revives crypto risk appetite and lifts related equities and ETF flows.
Details
Bitcoin rose above $85,000 on Monday extending a rally over the past few days.
Sources
- cnbc · 2026-09-21 11:10 UTC