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The Economic Times

Personal Finance / The Economic Times

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Bitcoin retreats from eight-month high after dizzying 13% rally

Bitcoin pulled back to about $85,500 after a surge of 13% in four days, supported by broader risk-asset gains, ETF inflows, bullish options positioning, and corporate buying. Analysts debate whether momentum reflects renewed conviction or short covering. Despite improved sentiment, elevated oil prices, Treasury yields, and competition from AI investments remain significant headwinds.

22 Sep 2026 8:55 am