Bitcoin surged to a two-month high of $96,500 on January 13, 2026, following cooling U.S. CPI data and significant ETF inflows.
The rally signifies positive market sentiment amid inflation control efforts, boosting confidence in Bitcoinโs potential as a safe-haven asset.
Bitcoin achieved a 2-month high of $96,500 on January 13, 2026, as U.S. core CPI inflation eased to 2.6%. Spot Bitcoin ETFs received $753.7 million in inflows, contributing significantly to this cryptocurrency surge.
ETF Inflows Trigger 4.6% Bitcoin Rally
The inflow into Bitcoin ETFs spurred a market rally, pushing Bitcoin to gain 4.6%. Related assets such as Ethereum, XRP and Dogecoin also experienced notable price increases, reflecting heightened market enthusiasm.
The moderate inflation data supports the Federal Reserveโs soft-landing narrative and bolsters the chances of interest rate cuts. Enthusiasm around staking and DeFi within Ethereum contributed to its positive performance, according to market analysts. Joel Kruger, Crypto Strategist at LMAX, added, โEthereum has also rallied in tandem, outperforming on the day thanks to renewed enthusiasm around on-chain activity, staking, and DeFi.โ โ source
Bitcoin Surpasses $95k, Tests Resistance Levels
Bitcoinโs rally tested previous resistance levels seen around $94,000 to $96,000. Similar movements have occurred historically, quite often aligning with a weakening U.S. dollar or easing inflation pressures.
According to Joel Kruger, โBitcoinโs breakout above the $95k mark indicates robust technical strength.โ Matt Mena suggests that the combination of inflation data and job reports aligns with Federal Reserve goals, indicating potential economic stabilization.
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