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Bitcoin hovers near $83K, aiming to erase 2026 losses amid rising leverage and strong ETF demand.

Market News
28 Sep 2026
Coinpaper
View Source
Bullish
Bitcoin hovers near $83K, aiming to erase 2026 losses amid rising leverage and strong ETF demand.

Bitcoin is trading around $82,949, about 5% below its 2026 start, with potential to reclaim $87,500 and end the year in the green. Spot buying has increased, pushing prices toward $86,000, supported by strong institutional demand via U.S. spot Bitcoin ETFs. However, rising futures leverage and unusual options market signals suggest heightened volatility ahead. If Bitcoin surpasses $87,300 and moves above $90,000, it could confirm a positive trend for 2026 despite the risks from leveraged positions.

Bitcoin's market cap on Pluang stands at Rp30.009,15 trillion as of September 28, 2026, 15:02 WIB, with a 24-hour trading volume of Rp508,59 trillion. Despite a 1.75% decline in the last day, buying activity remains strong at 73%, and typical holding time is 110 days. This active engagement on Pluang highlights sustained investor interest amid the volatility and price movements discussed in the article.

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