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Bitcoin hits $85,222 eight-month high as ETF inflows surge

By Drooid · · How we work

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Story summary
  • United States investors pushed Bitcoin to an eight-month high of $85,222 on September 21.
  • Spot Bitcoin ETFs attracted $433 million on September 18, with Fidelity receiving $310.7 million and BlackRock $108.4 million.
  • Short positions worth more than $170 million were liquidated on September 18, adding buying pressure.
  • Deribit options data showed 272,000 call contracts versus 154,000 put contracts, indicating bullish sentiment.