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Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Market News
22 Sep 2026
Coindesk
View Source
Bullish
Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

Bitcoin recovered from Asian-session lows to trade near $86,000, supported by falling oil prices and strong stock markets that boosted risk appetite. The drop in oil prices below $90 a barrel eased inflation concerns and reduced the likelihood of further Federal Reserve rate hikes. Futures data indicate the recent Bitcoin rally was largely driven by short covering rather than new long positions. Meanwhile, ZetaChain holders voted overwhelmingly to retire their blockchain and move the ZETA token to Solana, signaling shifts in blockchain strategy amid evolving market conditions.

Bitcoin trades at Rp1.541.707.336 on Pluang, up 2.11% as of Sep 22, 2026 18:23 WIB, reflecting steady investor interest despite recent volatility. Solana also shows gains, priced at Rp2.094.529 with a 1.18% increase, coinciding with the news of ZetaChain holders moving ZETA tokens to Solana. Pluang data shows a higher sell order activity for Bitcoin at 65%, indicating cautious profit-taking among traders.

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