Bitcoin climbs above $85,000, fueled by $999 million in daily ETF inflows and aggressive corporate treasury accumulation from Strive and Strategy.
Bitcoin broke above $85,000 on record ETF inflows and corporate buying, with $82,300 now support.
IBIT led spot Bitcoin ETF inflows with $381.4M on September 21.
Strategy resumed Bitcoin accumulation with 950 BTC, reinforcing the corporate buying trend.
ARKB saw $289.1M in inflows, contributing to the strongest ETF day in months.
FBTC attracted $238.8M in inflows as institutional demand for Bitcoin exposure surged.
Strive's 1,355 BTC purchase for $107.7M underscores growing corporate treasury demand.
Bitcoin has reclaimed the $85,000 level, surging 4.6% in 24 hours as institutional demand accelerates. Corporate treasury buying from firms like Strive and Strategy, combined with nearly $1 billion in daily spot ETF inflows, has shifted market sentiment. Analysts now view the $82,300 level as critical support for the current breakout.
The rally is driven by a combination of aggressive corporate treasury buying and record-breaking inflows into US spot Bitcoin ETFs, which saw nearly $1 billion in new capital on September 21.
The $82,300 level previously acted as a major resistance point that rejected price advances in May and September; it is now considered the primary support level for the current breakout.