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Bitcoin and ethereum hit 8-month highs amid oil price drop

9/28/2026

Bitcoin and ethereum reached their highest prices in eight months on Monday, September 21, 2026, reversing a recent downward trend.

The surge marks a sharp contrast to the market's position just days earlier, when bitcoin hovered near $76,000 following the Senate's block of the CLARITY Act and a Federal Reserve interest rate hike on September 16.

ET on Monday, bitcoin traded at $85,134.02, an 8-month high. The asset opened at $81,162.18, nearly matching its Sunday opening price. Ethereum also climbed to new heights, reaching $2,713.90 at the same time.

It had opened at $2,644.80, a 0.5% increase from Sunday's open. The recent price movements place these assets in a specific context compared to their historical performance.

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