- Bitcoin rises above $97,000 on risk-on outlook
- Bitcoin ETFs additionally benefited from enormous inflows.
- Dangers embrace geopolitical escalation;
Bitcoin is surging once more after a gradual begin to 2026, with the most recent rally taking BTC to a excessive of $97,360 as risk-on sentiment reignites throughout world markets.
The cryptocurrency’s sharp rally over the previous 24 hours has bulls enthusiastic about the opportunity of it breaking above the important thing psychological degree of $100,000.
Analysts see weaker fiat currencies and supportive institutional capital flows as key to renewed rotation into digital belongings, because the broader cryptocurrency market eyes additional upward momentum.
However buyers are additionally conscious of the macroeconomic state of affairs, with US inflation statistics displaying that the producer value index (PPI) rose 3% in November, the best degree since July.
Whereas this might complicate the backdrop for value actions, analysts say Bitcoin breaking above $100,000 could be an vital transfer.
Bitcoin soars to $97,000
Shares rose following the discharge of the US Client Worth Index on Tuesday, and Bitcoin took risk-on momentum, rising from $93,000 to a excessive of $97,360.
Wall Road subsequently fell as banking and tech shares fell, however Bitcoin rose barely.
BTC’s greater than 4% surge signifies a strong risk-on outlook, with altcoins corresponding to Ethereum, XRP, and Solana additionally rising.
Trying on the chart, we will see that Bitcoin is hovering at doubtless resistance close to the $97,000 to $97,500 zone.
Nevertheless, this enhance represents a big restoration from the low-$90,000 degree in early January.
This rally pushed BTC previous the $95,000 resistance degree, a barrier that has held again upward momentum since November 2025, analysts at QCP Group famous through X.
1/ QCP Asia Coloration, January 14, 2026
We’re going up, we’re going up, we’re going up, that is our second
Goldilocks nonetheless holds true: U.S. employment is steady and inflation stays steady. Danger is returning throughout the board, from shares and treasured metals to the greenback and cryptocurrencies.
— QCP (@QCPgroup) January 14, 2026
QCP notes that Bitcoin has the potential to draw investor rotation away from conventional secure havens, and sees the bellwethers prone to proceed to indicate power.
Latest US CPI statistics have been steady and per reasonable inflation expectations, making a extra supportive setting for danger belongings.
The $100,000 degree is attracting consideration within the circulate of ETFs.
Regardless of important headwinds, the general market construction suggests the rally may proceed, with technical indicators pointing to bullish momentum and quantity, supporting the rally.
The current rally has been supported by massive inflows into the US Spot Bitcoin ETF.
As Bloomberg ETF senior analyst Eric Balchunas identified, these funds posted greater than $760 million in flows in in the future.
Bitcoin ETF had a giant day with $760 million in flows. They want it, and so they began this yr rather well, have been down, and now they’ve gotten it again and are above water year-to-date. Take a look at the YTD circulate the place everybody sees the motion (this was like the opposite night time when 10 youngsters on my eighth grade baseball workforce scored in a sport, I like it… pic.twitter.com/xeHw6EfBrS
— Eric Balchunas (@EricBalchunas) January 14, 2026
Demand will return after massive redemptions in late 2025 and early this yr.
The present momentum takes on a unique image, displaying growing confidence amongst institutional buyers as BTC approaches the $100,000 degree.
