Bitcoin Rises as High as $87,000, Putting $100,000 Back in View

Bitcoin's climb brings $100,000 back into the conversation

Bitcoin rose as high as $87,000 this week, according to a Bloomberg Crypto newsletter published on September 22, 2026. The newsletter, written by reporter Sidhartha Shukla, said that level makes a return to $100,000 look far less unlikely than it did a few months ago.

The piece is framed around a question: whether Bitcoin can get back to $100,000. It notes that a few months ago that idea would have sounded like wishful thinking.

The newsletter carries the subheading "Rebuilding demand" and is described as an examination of the forces behind what it calls the sudden rally in the largest cryptocurrency.

The numbers Bloomberg gives

• Bitcoin reached as high as $87,000 during the week covered by the newsletter, which was published on September 22, 2026.
• The newsletter says $100,000 no longer looks "quite so implausible" at that level.
• A linked Bloomberg report dated September 21, 2026 says Bitcoin exchange-traded funds turned positive as the token's price moved above $81,000. An exchange-traded fund, or ETF, is a product that trades on a stock exchange and can hold an asset such as Bitcoin.

What the newsletter actually examines

According to the supplied material, the newsletter looks at the market dynamics behind the recent price move. The only stated theme is "rebuilding demand." The full text sits behind a Bloomberg subscription, so the specific drivers, data and arguments it contains are not available in the material provided.

What is confirmed

Confirmed by the supplied material: Bloomberg published the newsletter on September 22, 2026; it was written by Sidhartha Shukla; and it states that Bitcoin surged as high as $87,000 that week.

Also confirmed: the newsletter's own framing is that a $100,000 Bitcoin price is no longer as unlikely as it seemed a few months earlier.

What is still unclear

The material does not include the body of the newsletter, so the reasons behind the rally, any analyst views, and any figures beyond the $87,000 high and the $81,000 level in the linked report cannot be verified here.

The $100,000 figure is used by the newsletter as a reference point for how the market's mood has shifted. The supplied material does not present it as a forecast, and nothing in it should be read as a prediction of where the price goes next.

Why the $100,000 mark draws attention

$100,000 is a round number that the newsletter uses to describe how expectations have changed. Its point is about sentiment, not certainty: a price that recently seemed out of reach is now treated as a possibility worth discussing.

For readers who follow crypto only occasionally, the takeaway from the material is narrow. Bitcoin's price moved up this week, and at least one Bloomberg newsletter argues that the move has changed how plausible a $100,000 level looks.

Sources

• Bloomberg Crypto

Read also: Bitcoin's $80K Breakout Draws Institutional Demand, Analysts Split on Rally's Durability