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Bitcoin Falls Through the $86,000 ETF Cost Basis as the Whole Market Turns Lower
The Defiant·September 23, 2026·1 min read
Bitcoin fell through the $86,000 ETF cost basis as total crypto market value dropped 2.27% to $2.96 trillion. XRP fell 5.8%, Dogecoin 8.3%, and Hedera 9.9%, while Uniswap gave back its CME listing spike. Perpetual funding on OKX turned negative for both bitcoin and ether, with U.S. equities and gold closing lower.
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