The crypto market regains height after a week marked by a correction. On Monday, September 21, bitcoin reached $87,374, its best level since the end of January, while billions of dollars flow
The crypto market regains height after a week marked by a correction. On Monday, September 21, bitcoin reached $87,374, its best level since the end of January, while billions of dollars flowed back to cryptocurrencies. The total sector capitalization now approaches $3 trillion. After moving from $75,000 to $76,000, the market finds a firmer momentum, with the $90,000 threshold at the center of discussions.
Bitcoin accelerated on Monday to $87,374. This level marks an unprecedented high since the end of January. The market extended the rebound after the lows. The price then trades in the high $86,000 range at the time of writing.
Over the last 24 hours, bitcoin has gained about 6% to 7%. This increase brings its capitalization to around $1.73 trillion. The overall sector value approaches $3 trillion. These figures show the magnitude of the movement since $75,000.
The rise came after crossing the 50-period weekly moving average. This technical break accompanied the recent recovery. On Monday, the movement continued up to the peak of $87,374. The increase places $90,000 at the heart of the exchanges.
Start your crypto adventure safely with MEXCThis link uses an affiliate program.The rise passed through a liquidation zone from $83,000 to $86,000. This passage forced hundreds of millions of dollars of short positions to exit the market, according to Coinglass data. The movement amplified the rise during position adjustment. This sequence accompanies the return above $87,000.
US spot ETFs also recorded significant net inflows. On Friday, September 18, these products attracted $433 million. This flow occurred as the market was recovering after its decline. It is an element explaining the renewed activity on Monday.
Meanwhile, Strategy announced on Monday the acquisition of 950 BTC during the previous week. Its reserve now reaches 846,000 BTC. This announcement comes as flows and purchases become closely followed. These elements fuel discussions about the continuation of bitcoin’s movement.
The return to $87,000 has revived discussions about the next resistance. The $90,000 mark appears as an important threshold in trading. Several X users are seeking to know if the movement can last. Discussions focus on the rise and its ability to continue.
Plan B, the creator of the stock-to-flow model, mentioned on Monday the possibility that Bitcoin might no longer fall below $100,000. He also referenced October and the expression “Uptober.” This view contrasts September, often difficult, with October, more often associated with growth. These comments remain observations on X.
Other traders propose ambitious scenarios for the crypto market. Some present this phase as a final substantial bullish wave, while others anticipate a new altcoin season. These statements illustrate the intensity of discussions. However, they do not determine what comes next.
The movement is not limited to bitcoin. Several major cryptocurrencies advanced on Monday, notably Ethereum, Solana, XRP, and Monero. Some lower-capitalization assets even recorded double-digit gains. This development strengthens discussions about a rotation toward altcoins.
The “Altcoin Season” index currently shows a score of 49. It must reach a score of 75 or more for the altcoin season to replace Bitcoin’s dominance. The current level remains below this threshold. Investors follow its evolution to measure a possible rotation.
Finally, the intraday peak of $87,374 brings the market closer to the $90,000 threshold. Despite this rebound, bitcoin remains about 31% below its all-time high on October 6, 2025, near $126,277. The rise marks a return to higher levels, without erasing the gap. The future now depends on the market’s ability to maintain this momentum.
The market thus approaches the $90,000 threshold after a rapid rebound from $75,000 to $76,000. Flows from ETFs, liquidations, and purchases accompanied this recovery. Meanwhile, altcoins participate in the movement and fuel debates about a possible rotation. Bitcoin therefore enters a new phase, with trades around $90,000 closely watched.
