Bitcoin News Today: Peter Schiff Issues Fresh BTC Selling Warning

Bitcoin News Today: BTC Price Rebound Faces ETF and Options Risks

Bitcoin News Today centers on a price recovery, even as new risks emerge. BTC trades near $86,745, up almost 2% in 24 hours, after recovering from lows near in the $70Ks range just days ago. 

That bounce has reignited an old argument. Peter Schiff renewed his criticism of Michael Saylor on September 22–23, pointing to a pattern where Strategy sells BTC at lower prices, then buys back higher. The exchange lands right as Strategy disclosed a fresh purchase and as bitcoin ETF flows hit their strongest level in months.

Bitcoin Price Today: BTC Holds Above $87K After Recovery From $70s

Bitcoin's move back above $87,000 marks a clean recovery from last week's dip toward the $70K–80K range. Current spot figures show:

Source: CoinMarketCap Official

• Price: $86,745.85, up 1.89% in 24 hours

• Market cap: $1.75T, up 2.02%

• 24-hour volume: $38.79B, down 33.92%

• Fully diluted value: $1.83T

• Circulating supply: 20.08M $BTC out of a 21M max supply

• Treasury holdings across companies: 1.34M $BTC

The pullback in trading volume alongside a rising price is worth watching. Fewer coins changing hands during a rally can mean the move is being driven by a smaller group of large buyers rather than broad market participation.

Bitcoin News Today: Peter Schiff Renews His BTC Selling Warning

Schiff's argument centers on timing. In a social media post, he pointed out that Strategy once sold about 6,948 $BTC for close to $431.8 million in net proceeds, averaging near $62,150 per coin, and is now buying some of it back above $80,000. 

His conclusion was direct: it won't be long before he's selling at lower prices again.

In a separate post , Schiff also linked Bitcoin's rally partly to Strategy's latest purchase, adding that Saylor's comments framing the failed CLARITY Act as bullish for Bitcoin were self-serving. He argued Saylor would have called the opposite outcome bullish too, had the Act actually passed into law. 

The exchange continues a feud that stretches back years over whether Bitcoin behaves more like digital gold or a leveraged gamble.

Strategy's 846,000 BTC Holdings Show Billions in Unrealized Gains

On September 21, Strategy reported buying 950 $BTC for about $75.7 million, averaging near $79,670 per coin, according to an 8-K filing and a post from Saylor's account. That purchase ended a three-week pause during which the firm focused on repurchasing STRC preferred shares instead.

Current numbers paint a strong picture for Strategy Bitcoin holdings:

• Total BTC held: 846,000

• Average cost basis: roughly $75,416 per coin

• Current price reference: near $86,700

• Unrealized gain: over $8 billion, about 13%

• STRC preferred shares repurchased in the same window: around $174 million

Saylor described the move with his usual short phrase, calling the balance sheet "a little more orange." No public reply to Schiff's latest posts has surfaced from Saylor's side.

Bitcoin ETF Inflows Signal Fresh Momentum as BTC Price Climbs

Spot Bitcoin ETF demand just posted its biggest single-day inflow since Bitcoin's October 2025 record run. Net inflows hit $937.3 million on September 21, based on SoSo Value tracked data. BlackRock IBIT led the rally with $$381.4 million that day.

Source: SoSo Value

The momentum is still continuing. As of September 22:

• Daily total net inflow: $714.75M

• Cumulative total net inflow: $56.87B

• Total value traded: $2.82B

• IBIT (BlackRock): $350.35M daily inflow, $68.69B net assets, 0.25% fee, $48.83 market price

• FBTC (Fidelity): $257.42M daily inflow, $15.76B net assets, 0.00% fee, $75.01 market price

IBIT and FBTC carried most of the day's demand, while GBTC and BITB saw flat flows despite holding billions in net assets. 

Bitcoin Price Risk: What Could Slow the Recovery

Even with BTC back above $87K, a few signals suggest the rally carries risk:

• ETF inflows just hit $937.3 million on September 21, the largest single day since October 2025's record run. Similar spikes in July 2025, October 2025, and January 2026 were each followed by sharp pullbacks within days.

• Roughly $18.1 billion in BTC and ETH options expire Friday, with BTC call interest clustered near $90,000 and $100,000, a level that could act as resistance, according to Coinabase data.

• Falling 24-hour trading volume despite a rising price often signals thinner conviction behind a move.

• Strategy's continued buying above its average cost adds concentration risk tied to one large holder's balance sheet.

What This Means Going Forward

Strategy's balance sheet keeps growing even as Schiff waits for the next markdown moment. Whether the next chapter brings more accumulation or another round of selling, the coming days around Friday's options expiry and ETF flow data should offer an early signal of which side of the argument holds up.

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.