Bitcoin price rises near 14% in a week as ETF inflows surge

The most significant near-term catalyst is tomorrow's Trump-Xi summit, with Polymarket pricing a 92 percent chance of a US-China tariff agreement by year-end.

September 23, 2026 / 08:22 IST

• Bitcoin trades above $86,527, up 0.85% in 24 hours.
• Bitcoin ETFs saw $364.4 million net inflow.
• Resistance at $87,000, support at $85,000.

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Bitcoin continues to trade on an upward trajectory, hovering just above $86,527 (08:9 IST) in early trading on September 23, up 0.85 percent over the past 24 hours and a 13.90 percent increase over the week, amid positive ETF flows.

Bitcoin spot ETFs recorded a daily net inflow of $364.4 million, equivalent to roughly 4,210 BTC, alongside $3.74 billion in trading volume. Their cumulative net inflows now stand at $56.98 billion, with total net assets of $107.86 billion.

"Interestingly, on-chain data shows unusually little profit-taking for a move this size, though the Coinbase Premium Index remains negative, suggesting this rally has leaned more on futures and ETF flows than organic spot buying so far," Prateek Gupta, Head of Business at Mudrex, said

The analyst estimates that immediate resistance now sits at $87,000, with support moving up to $85,000. A sustained move above $89,000 could open the door to the $100,000 mark.