Bitcoin Surpasses $87,000 Amid Institutional Interest and Regulatory Developments

The price of Bitcoin briefly surpassed $87,000 in early trading this week, according to data from CoinMarketCap. However, it quickly retreated to a range of $85,000 to $86,000 on Tuesday, September 22, 2026.

Aloysia Dian, Chief Marketing Officer of INDODAX, attributed the strengthening of Bitcoin to multiple factors, including institutional investor interest and improving market sentiment. She noted that the entry of institutional funds, as seen in spot Bitcoin ETFs in the United States, recorded a net inflow of around $1.591 billion on September 17-21, 2026.

Additionally, Strategy purchased 950 BTC worth approximately $75.7 million between September 14-20, increasing their total holdings to around 846,000 BTC or $63.8 billion in value. The improvement in risk appetite globally and the decline in oil prices are also contributing to a positive sentiment for risky assets like Bitcoin.

However, investors are advised to remain cautious and aware of global economic dynamics and interest rate policies that can impact market direction. INDODAX recommends that investors understand market dynamics beyond just following price movements and conduct independent research before making trading decisions.