Bitcoin rose above $86,000 and briefly reached $87,000, its highest level since late January, after clearing the $82,000 resistance area. Analysts linked the move to falling oil prices, lower Treasury yields, short covering and renewed demand for U.S. spot Bitcoin ETFs, which recorded $433 million in net inflows on Friday after heavy withdrawals earlier in the week. HashKey Group Senior Researcher Tim Sun said ETF flows followed the rally rather than initiating it, while Xapo Bank investment manager Gadi Chait said Bitcoin’s close above its 50-week moving average for the first time in 45 weeks added a longer-term technical signal. The rally followed the Federal Reserve’s 25-basis-point rate increase and came despite the Senate’s failure to advance the CLARITY Act. Chait identified the scheduled Sep. 24 meeting between U.S. President Donald Trump and Chinese President Xi Jinping as the next market test.