Bitcoin Surges Past $87k as $3T Crypto Market Reaches New Heights

The crypto market has surged past $3 trillion in total value, led by Bitcoin's push toward $87,000. The largest cryptocurrency briefly reached about $87,300 before easing toward the mid-$85,000s.

This move helped lift Ethereum, XRP, Solana, and Dogecoin, turning what began as a Bitcoin rebound into a broader market rally.

The influx of fresh spot demand has been driven by U.S. Bitcoin ETFs, which pulled in about $999 million on September 21, their strongest daily intake in nearly a year.

BlackRock's IBIT led with roughly $381 million, followed by ARK 21Shares at $289 million and Fidelity at about $239 million.