{
  "id": 8963865,
  "title": "Bitcoin Clears 50-Week Hurdle as Traders Eye New Bull Market: Analyst",
  "url": "https://urgent.news/2026/09/21/bitcoin-clears-50-week-hurdle-as-traders-eye-new-bull-market-analyst",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T16:44:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/bitcoin-clears-50-week-hurdle-164400579.html"
  },
  "original_language": "en",
  "account": "Bitcoin has recently crossed its 50-week moving average for the first time in nearly ten months, sparking optimism among traders that the market rally could evolve into a broader bull market. According to Alice Liu, head of research at CoinMarketCap, the debate has shifted from determining the bottom of the market to assessing if a new bull market is underway. Currently, Bitcoin is priced at $85,206, marking a nearly 6% increase over the past day. The total value of the crypto market has also risen by 5% to $2.89 trillion during the same period, while the Fear & Greed Index has surged to 77, indicating a state of Greed. U.S. regulators are pushing for cryptocurrency regulations as the Clarity Act remains stalled. Meanwhile, Deutsche Bank plans to offer crypto custody services for institutions, and Robinhood will offer share redemptions and voting rights on tokenized stocks. Meanwhile, the stablecoin yield ban by the White House is expected to boost bank lending by just 0.02%. The rally seems to be driven by new positioning rather than short sellers being squeezed, as indicated by an 8.8% rise in Bitcoin open interest over seven days to $55.7 billion, placing it at the 92nd percentile of the past 90 days. Liquidations, however, are still at the 43rd percentile. This shift suggests that traders are adding leverage as prices climb, rather than being forced into the market by a short squeeze. Despite this, strong institutional flows have not yet backed the move. US spot Bitcoin ETFs recorded only $6.1 million in combined net inflows over five sessions, although the latest session brought in $433 million, indicating that investors are rotating between issuers rather than making a broad directional decision on Bitcoin exposure. The rally is also impacting other major cryptocurrencies, with Ethereum rising 6.05% and Solana increasing by 10.3% over the past week, both outperforming Bitcoin.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}