BTC (Bitcoin) increased by 1.80% in the past 24 hours, currently at $92,887.28

BTC0,31%

Gate News Bot Message, January 05, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is trading at $92,887.28, up 1.80% in the past 24 hours, with a high of $92,926.57 and a low of $86,717.92. The 24-hour trading volume reached $29.303 billion. The current market capitalization is approximately $1.86 trillion, an increase of $32.872 billion from yesterday.

Bitcoin is an innovative payment network and a new form of currency. BTC operates on peer-to-peer technology without the need for a central authority or bank involvement; transaction management and Bitcoin issuance are handled collectively by the network. Bitcoin is open-source, with transparent design; no one can own or control Bitcoin, and everyone can participate. Through many unique attributes, Bitcoin supports fast peer-to-peer transactions, global payments, and low processing fees, among other innovative applications.

Recent Important News about BTC:

1️⃣ Spot ETF Capital Inflows Support Price Stabilization Above $90,000 After experiencing two consecutive weeks of outflows, Bitcoin spot ETFs recorded approximately $459 million in net inflows during the week ending January 2, providing critical support for the price rebound. Leading institutional products like iShares Bitcoin Trust and Fidelity Bitcoin ETF each saw billions of dollars in net inflows, reflecting renewed confidence among institutional investors in the medium to short term outlook. BlackRock’s IBIT has accumulated $24.7 billion in inflows by the end of 2025, and the US spot Bitcoin ETF saw about $31.77 billion in net inflows for the year. The sustained institutional demand has directly improved Bitcoin’s supply and demand structure.

2️⃣ Long-term Holders Increasing Positions and Corporate Strategic Reserves Provide Bottom Support On-chain data shows some addresses shifted from reducing holdings to accumulating, with a net increase of over 10,700 BTC in a single day, effectively easing market selling pressure. Over the past 7 days, 5 of the top 100 publicly listed companies increased their Bitcoin holdings, with a total increase of 7,110.9 BTC, led by MicroStrategy. Continuous accumulation by companies like MicroStrategy maintains stable demand during market corrections, and institutional Bitcoin reserve strategies are becoming an important defense line during price declines.

3️⃣ Capital Rotation and Reassessment of Safe-Haven Attributes Support Rebound Momentum After reaching a high point, funds began rotating from precious metals into cryptocurrencies, even as stock markets experienced selling pressure, Bitcoin continued to rise. This phenomenon reflects a global asset allocation adjustment, with institutional investors reassessing the relative attractiveness of traditional safe-haven assets versus digital assets. About 20,000 BTC left exchanges in the past week, indicating increased long-term holding intentions. Flows in the commodity markets’ volatility have brought renewed attention to Bitcoin.

4️⃣ Improved Macro Liquidity Expectations and Regulatory Environmental Optimism Recently, the 10-year Japanese government bond yield has fallen from high levels, and the USD/JPY has weakened again, easing concerns about concentrated short positions in yen arbitrage trading. Federal Reserve officials hinted that if inflation cools, there may be a moderate rate cut adjustment later in 2026. Global liquidity expectations are improving, creating a favorable environment for risk assets. US legislative bodies are advancing the Cryptocurrency Market Structure Act, boosting market expectations for compliance and long-term institutional participation, which may expand institutional involvement in Bitcoin and crypto markets.

5️⃣ Geopolitical Events Did Not Trigger Major Corrections, Market Resilience Significantly Enhanced Although US military actions against Venezuela drew short-term attention, Bitcoin’s price remained relatively restrained, briefly dipping below $90,000 before quickly rebounding and regaining that level. The proportion of short positions in leverage liquidations within 24 hours exceeded $55 million, indicating shorts were significantly squeezed during the upward movement. This suggests Bitcoin’s price stability at high levels is strengthening, and sensitivity to sudden geopolitical events is decreasing, with overall risk appetite improving.

This news is not investment advice; please be aware of market volatility risks.

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