Bitcoin reached its highest trading level since January 2024 on Monday, with price movements supported by inflows into Bitcoin exchange-traded funds (ETFs). On the Bitstamp exchange, the cryptocurrency briefly traded at $85,248, up nearly 4.9% from the previous day’s close and marking its strongest level since late January. Bloomberg reported that ETF inflows totaled $593 million over the previous two trading days—$300 million on Thursday and $293 million on Friday—further fueling the upward momentum.
Bitcoin hits $85K as ETF inflows and US regulatory signals drive recovery
Institutional demand and spot ETF inflows propel BTC to its highest level since January 2024, amid short-squeeze dynamics and regulatory tailwinds.
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Marcus Webb · Crypto Desk · 21 Sept 2026 · 10:33 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Marcus Webb
Crypto Desk
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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