Bitcoin and Ethereum Rally Strong — Here’s Why the Crypto Market Is Booming Today
Jakarta, Pintu News – The crypto market experienced a significant surge on January 14, with a 3.33% increase in the last 24 hours. The market capitalization now stands at US$3.24 trillion, indicating strong results from a wide range of assets.
Bitcoin price surged past the $95,000 mark and is now eyeing the $100,000 level, while Ethereum price rose to $3,300 after showing a bullish trend. Dash recorded a 40% growth, followed by Story with a 30% increase.
Some other assets that also performed strongly and drove the overall market uptrend were Internet Computer (ICP), Pepe (PEPE), Optimism (OP), and Pudgy Penguins (PENGU).
Reasons Why Crypto Markets Are Up Today
Several factors are driving the current surge in the crypto market. One of the main reasons is the positive economic data released recently. The U.S. Bureau of Labor Statistics released a report showing that the headline Consumer Price Index (CPI) stood at 2.7% in December, which is stable.
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Meanwhile, the core CPI – which excludes food and energy prices – declined slightly to 2.6%. This information fueled market optimism and pushed the price of Bitcoin up past the $94,000 mark.
Other factors influencing the market are tariff issues related to former President Donald Trump, as well as the potential impact of the US Supreme Court decision. This ruling is expected to affect the inflation rate, which will likely lead to a slow decline in inflation.
In addition to macroeconomic factors, markets are also responding to new regulatory policy directions. The crypto community is currently paying close attention to the development of a new market structure bill called the CLARITY Act.
In the latest report, the US economy only added around 50,000 jobs, while the unemployment rate fell to 4.4%. Although this figure shows a rather weak labor market, the decline in inflation was the main driver of the crypto market rally.
With the CLARITY Act in the pipeline, as well as the much-anticipated Supreme Court decision, the crypto market seems poised for continued growth going forward.
Institutional demand and inflows drive crypto asset gains
Demand from financial institutions has also been an important factor in the crypto market surge. Inflows into spot Bitcoin ETFs in the US on January 13 were huge, totaling $754 million.
Fidelity’s ETF, FBTC, was the most prominent with daily inflows reaching almost $351 million. This indicates very strong institutional interest in Bitcoin. High demand was also seen in the spot Ethereum ETF, which recorded net inflows of $130 million.
Other major crypto assets also recorded healthy inflows. The Solana spot ETF received $5.91 million, while XRP (XRP) recorded $12.98 million. This shows that institutional investors are increasingly expanding their exposure to a wide range of crypto assets, not just Bitcoin and Ethereum.
Read also: Bitcoin and Ethereum Surge as 5 Cryptocurrencies Soar Up to 35% Today
Bitcoin Breaks $95,000, Ethereum and XRP Record Significant Gains
Bitcoin price has broken the $95,000 mark – for the first time since November – triggering liquidations of over half a billion dollars. Currently, the BTC price is hovering around $94,890, registering a strong surge of 4%.
Ethereum also showed significant gains, rising 7% and now trading above $3,300, following a solid uptrend. Meanwhile, the price of XRP also jumped 5% and is now at $2.14.
Other major cryptos such as BNB , Dogecoin , Cardano , and TRON (TRX) have also experienced huge surges. The current market trend reflects a very strong bullish sentiment among various digital assets.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. Why Is Crypto Market Up Today (Jan 14)? Accessed on January 14, 2026
