Bitcoin traded as high as about $85,200–$85,400 on Monday, 21 September 2026, its strongest level since late January, after U.S. spot Bitcoin ETFs finished last week slightly in the black and a short-covering cascade forced buying. The global market cap recovered toward $2.8–$2.9 trillion. The bounce followed midweek shocks: the Federal Reserve’s first rate increase in more than three years and a failed Senate cloture vote on the CLARITY Act.
Squeeze-and-flow rebound, not a clean policy win
U.S. spot Bitcoin ETFs took in about $593 mill…
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