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Bitcoin FOMO hits multi-year high as price surges to $87,395, driven by strong US ETF demand and short squeeze.

Market News
22 Sep 2026
Finbold
View Source
Bullish
Bitcoin FOMO hits multi-year high as price surges to $87,395, driven by strong US ETF demand and short squeeze.

Bitcoin's price surged to $87,395, its highest since January 2026, fueled by a spike in FOMO (fear of missing out) reaching a multi-year peak. This bullish momentum was supported by strong demand in both spot and derivatives markets, including a significant short squeeze and a record $998.95 million inflow into US spot BTC ETFs. Trading volume also jumped 54% to $52 billion, indicating heightened market activity. If this trend continues, Bitcoin's upward momentum could strengthen further in the near term.

Bitcoin trades at Rp1.537.574.558 on Pluang as of Sep 22, 2026 17:51 WIB, up 2.50% in the last day. The market cap stands at Rp30.791,92 trillion with a 24-hour volume of Rp901,32 trillion. Pluang users show a 65% sell and 35% buy order split, holding their Bitcoin for an average of 110 days.

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