As the new year unfolds, Bitcoin trades near $91,150, up about 0.6% from the prior session. Ethereum sits around $3,135, a similar 0.6% gain, while XRP climbs to about $2.08 for roughly a 3% advance. Other leading coins, including BNB in the high $800s and Solana near $130, also moved higher, extending the broad uptrend across the market.
Bitcoin had previously peaked above $120,000 in October, but risk-off sentiment following that high sent the price down by about one-third. After a period of consolidation, buyers returned at the start of the year, helping lift sentiment and resume the rally.
Bitcoin ETF inflows have returned, with roughly $450 million net into 11 US-listed spot ETFs this week, led by BlackRock’s IBIT and Fidelity’s FBTC. Cumulative ETF inflows have surpassed $57 billion. Crypto-related equities also gained; Coinbase rose more than 4% in a day, while Circle, Bullish, and Strategy also posted gains. Analysts say appetite for risk assets is improving at the turn of the year, and Fed policy expectations have supported a favorable environment, with possible rate cuts later in the year, though caution remains due to ETF outflows and shifting capital toward AI-related stocks.
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