HomeStockCrypto Market Today: Bitcoin Near $94K, Ethereum Steady as XRP and SUI Move Higher

Crypto Market Today: Bitcoin Near $94K, Ethereum Steady as XRP and SUI Move Higher

The post Crypto Market Today: Bitcoin Near $94K, Ethereum Steady as XRP and SUI Move Higher appeared first on Coinpedia Fintech News

The crypto market has started 2026 on a positive note, shaking off the weak sentiment seen at the end of last year. Bitcoin price today is holding near the $94,000 mark, while Ethereum price remains steady above $3,200. The total crypto market capitalization has climbed to around $3.2 trillion.

This rebound is not driven by hype alone. It is supported by fresh capital inflows, global uncertainty, and a visible shift in institutional investor behavior.

At the time of writing, Bitcoin was trading close to $93,800, while Ethereum hovered around $3,220. Several large-cap altcoins have also moved higher, reflecting a broader improvement in market sentiment.

New Year Capital Inflows Lift Bitcoin and Altcoins

One major factor behind the rally is the New Year’s capital reset. Toward the end of 2025, crypto prices faced pressure from tax-loss harvesting and year-end portfolio rebalancing, especially among U.S. investors. That selling pressure has now faded.

With fresh allocations for 2026, investors are returning to risk assets. Bitcoin has reclaimed key levels above $93,000, while Ethereum and major altcoins have posted stronger percentage gains. This points to a renewed risk-on mood across the crypto market.

Geopolitical Tensions Strengthen Bitcoin’s Safe-Haven Appeal

Global uncertainty has also supported the rally. Rising geopolitical tensions, including concerns linked to U.S.–Venezuela relations, have added stress to traditional markets.

In response, Bitcoin has benefited from its growing reputation as a hedge asset, similar to gold. At the same time, expectations of higher oil supply have helped ease inflation concerns, creating a supportive environment for both equities and crypto.

This dual role — Bitcoin as both a hedge and a growth asset — continues to attract investor interest.

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Bitcoin Price Prediction: Analysts Eye $100,000

Long-term optimism remains strong. MicroStrategy co-founder Michael Saylor believes Bitcoin could eventually surpass gold’s market capitalization by 2035. With Bitcoin currently valued near $1.85 trillion compared to gold’s $31.1 trillion, this would suggest significant upside over the next decade.

In the short term, analyst Michaël van de Poppe says strong demand reduces the risk of a deep correction. He points to more than $1 billion in Bitcoin ETF inflows during the first two trading days of the year. While a brief consolidation is possible, he sees a potential move toward the $100,000 psychological level.

BTC Price Consolidation Zone and Key Risk to Watch

Despite the bullish trend, liquidity remains a key risk. Spot market volumes are still relatively thin, which means sudden shifts in sentiment could trigger sharp pullbacks.

According to Glassnode, Bitcoin is currently consolidating between $80,000 and $95,000, with selling pressure gradually easing. Derivatives activity is picking up, as open interest rebuilds cautiously. Meanwhile, options markets suggest traders are positioning for increased near-term volatility ahead of the next major move.

For now, demand remains in control. If inflows continue, the broader trend still points higher.

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FAQs

Why is the crypto market rising at the start of 2026?

The market is rising due to fresh New Year capital inflows, fading tax-loss selling, improving sentiment, and increased institutional interest in Bitcoin and Ethereum.

What does increased derivatives activity mean for everyday investors?

Rising derivatives activity often signals growing expectations of price movement. For retail investors, this can translate into sharper short-term moves, even if the broader trend remains stable.

What could determine the market’s next major move from here?

Sustained ETF inflows, macroeconomic data, and global political developments will likely shape direction. A slowdown in inflows or sudden macro shocks could delay further upside.

How might this market environment influence crypto policy or regulation?

Stronger prices and institutional participation can increase regulatory attention. Policymakers may accelerate discussions on oversight, custody standards, and investor protection as market exposure grows.