Bitcoin Tops $87,000, Ethereum, XRP, Dogecoin Also Lift Amid 'Extreme Greed'—Analyst Declares Bear Market Over, Says This is the 'Next Stop' for BTC
Leading cryptocurrencies jumped to multi-month highs on Monday amid rampant optimism and growing “fear of missing out.” Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +5.42% $85,789.27 Ethereum (CRYPTO: ETH) +2.88% $2,752 XRP (CRYPTO: XRP) +6.55% $1.51 Solana (CRYPTO: SOL) +5.18% $117.96 Dogecoin (CRYPTO: DOGE) +12.25% $0.09956 Crypto Market Erupts Bitcoin stormed past $87,000 for the first time since January, while trading volume jumped nearly 150% over the last 24 hours. Ethereum also rallied to a nearly 10-month high of $2,800, while XRP and Dogecoin recorded sharp upticks. Cryptocurrency-related stocks advanced, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing up 9.47% and 8.70%, respectively. Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with $840 million in bearish short bets wiped out, according to Coinglass data. Bitcoin’s open interest soared 8.44% over the last 24 hours. A jump in open interest alongside a jump in price typically indicates strong bullish momentum and fresh money entering the market. "Extreme Greed" sentiment swept the market, acc
m. 09956 Crypto Market Erupts Bitcoin stormed past $87,000 for the first time since January, while trading volume jumped nearly 150% over the last 24 hours. Ethereum also rallied to a nearly 10-month high of $2,800, while XRP and Dogecoin recorded sharp upticks. Cryptocurrency-related stocks advanced, with Strategy Inc.
(NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 70%, respectively. Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with $840 million in bearish short bets wiped out, according to Coinglass data. 44% over the last 24 hours.
A jump in open interest alongside a jump in price typically indicates strong bullish momentum and fresh money entering the market. "Extreme Greed" sentiment swept the market, according to the Crypto Fear & Greed Index. m. 28% increase over the last 24 hours.
Read Also: Bitcoin Trails Nasdaq This Year: Why One Analyst Calls It ‘Helpful’ Stocks Rally, Nasdaq Closes at Record The stock market kicked off the new trading week strongly. 83. 09. S.
for re-engaging in negotiations aimed at ending the war. Meanwhile, President Donald Trump told Fox News he would "probably" be open to meeting with Iranian President Masoud Pezeshkian during the United Nations General Assembly this week End of Bear Market? Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, stated that Bitcoin’s surge won’t stop anytime soon, targeting $90,000-$91,000 next, with potential extension to $98,000-$100,000. “I don’t think I’d be betting against this trend,” Van De Poppe added.
” What a breakout of #Bitcoin. I don't think I'd be betting against this trend. This won't stop soon. Not after a day like this.
Next stop: $90,000-91,000. If there's enough strength, we might even run to $98,000-100,000 in this rally. The bear market is over. com/XrSQZcecbU — Michaël van de Poppe (@CryptoMichNL) September 21, 2026 At the same time, Bitcoin’s bullish commentary surged to its highest level since 2024, according to on-chain analytics firm Santiment.
“Crypto often punishes crowded expectations,” Santiment warned. ” 🚨 BREAKING: Bitcoin FOMO Hits Highest Level Since 2024! 🚀 Crypto’s mood has flipped hard into celebration. com/8lt1zw3yfm — Santiment Intelligence (@SantimentData) September 21, 2026 Read Also: Is Solana's Next 'Token Supercycle' Taking Shape?
Expert Identifies Three Key Indicators Photo: KateStock / Shutterstock