Bitcoin News Today: Why BTC Price Is Falling Again After $87K
Bitcoin News Today: How ETF Flows, Yields and Liquidations Shape BTC?
Bitcoin News Today starts with a reversal. BTC trades near $83,458, down 2.54% in 24 hours, per CoinMarketCap data. That is about 4% below Monday's high near $87,300, the strongest level since late January.
Rising Treasury yields and heavy long liquidations did most of the damage. Even so, spot Bitcoin ETFs took in about $2.1 billion this week. So why is the price sliding while big funds keep buying?
Bitcoin Price Today: Current Numbers
The BTC price falls today along with the broader crypto market. As per CoinMarketCap data on September 24:
Current Price: $83,457.81, down 2.54% in 24 hours
7-day change: up 9.46%
Total Market cap: $1.67 trillion
24-hour volume: $47.39 billion, up 27.36%
Circulating supply: 20.08 million of 21 million BTC
Bitcoin News Today: Why BTC Price Fell From $87K to the Mid-$83Ks
The drop follows a sharp rally. BTC dipped to about $74,900–$76,000 on September 15 and 16, after a Fed rate hike and a failed Senate vote on the CLARITY Act. A short squeeze then lifted it more than 15% in about a week. The biggest leg came on September 21.
Then the mood changed. Four factors stand out today:
Bond yields: The 10-year Treasury yield rose above 5% on September 23 for the first time since 2007, after strong business activity data. It is still up 5.132% as of September 24 according to MarketWatch.
Weak auction: The Treasury sold $70 billion of five-year notes at 5.033%, up from 4.393% at the prior sale, per WSJ report.
Liquidations: Several hundred million dollars in long positions were wiped out as price slipped.
Profit-taking: Some traders locked in gains after the jump. Some estimates put the average ETF buyer's cost near $86,000, so the pullback pushed the price below that entry.
Higher yields make bonds more attractive next to volatile assets such as Bitcoin. Yet institutions kept buying, which puts the crypto ETF flows in focus.
Bitcoin ETF Inflows Stay Strong as Daily Buying Slows
The ETF numbers tell a mixed story. U.S. spot Bitcoin ETFs drew steady money through the rebound, according to SoSoValue:
September 18: about $433 million
September 21: about $999 million, the largest single day in roughly 11 months
September 22: about $715 million
September 23: $347.9 million, led by BlackRock's IBIT at $166 million
(Last Updated Data: September 24, 2026)
Spot Ether ETFs added $105 million on September 23. Morgan Stanley's MSBT fund also stood out. It added $32.41 million in one recent session, its third straight day of inflows, worth $193.1 million in total. It has not posted an outflow day in its last 20.
The trend is still clear. Daily inflows fell from $999 million to $347 million in three sessions. Buying remains positive, but it is cooling as price stalls.
Bitcoin News Today also covers a supply angle. Bitcoin services firm River says 81% of supply has not moved in six months, and trading volumes are down 30% this year. With cooling flows, traders now lean on chart levels.
Analyst Bitcoin Forecasts: Key Support Levels to Track
Bitcoin News Today also covers the levels analysts track. These are their views, not forecasts from this outlet.
Crypto Analyst Ted says BTC looks to be forming a short-term bottom near $84,000. He says he could see one more push toward $88,000 before another leg lower into the low $80,000s. He adds that a short bounce does not mean the correction is over. His levels:
$84K: short-term base
$88K: possible relief-rally resistance
Low $80Ks: next downside target
About $79K: 50-week moving average, a deeper support zone
Another market watcher, Ash Crypto, sees first support at $81,000–$82,000. He says the bigger trend stays positive while BTC holds the weekly 50 moving average near $78,000.
If $83,000 is lost, he says the bounce would look more like a bull trap, with $75,000 as the next major support. For Ethereum $ETH, he marks $2,550–$2,350 as the support zone. He also urges leverage traders to be careful.
Both analysts point to the 50-week average near $78,000–$79,000. BTC now trades just above the $83,000 line Ash Crypto flagged.
What's Next: Options Expiry, Yields and ETF Flows
Three data points can shift sentiment. None is a forecast.
Options expiry: About $14 billion in Bitcoin options on Deribit expire Friday, which can keep swings large.
Treasury yields: The 10-year sits above 5%, and expectations for tighter policy have risen this week.
ETF flows: The key question is whether daily inflows stay positive after slowing.
Bitcoin News Today comes down to a tug of war. ETF money keeps arriving, but a bond market above 5% is pulling capital away from risk. Friday's options expiry, the next Treasury moves and the next flow reports will show which side is stronger.
Note: Bitcoin is highly volatile, and leveraged trades can lose money fast. This article is for information only and is not financial advice.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions.
