Bitcoin Rises to $96,500: Cryptocurrency Market Shows Growth

Біткоїн пробив рівень у $96 000

On the evening of January 13, 2026, the cryptocurrency market entered a growth phase, accompanied by rising prices for most assets. Bitcoin recorded a sharp increase, reaching $96,500, but later its value adjusted to around $95,000.

This is reported by Finway

Price Increases for Major Cryptocurrencies

The positive momentum also spread to other leading digital assets. Ethereum added 6.6% in a day, XRP increased by 4.6%, and Dogecoin rose by 7%. This confirms the overall uplift in market sentiment.

Hourly chart of BTC/USDT on Binance. Source: TradingView.

The market capitalization of the top 10 cryptocurrencies is also showing growth, reflecting broad support among investors.

Top 10 crypto assets by market capitalization. Source: CryptoRank.

Changes in Investor Sentiment and Liquidation Volumes

The Fear and Greed Index, which measures the emotional state of the market, increased by 11 points over the last day, indicating a rise in optimism among traders.

The “green” zone means that traders are more inclined to buy crypto assets rather than sell.

Fear and Greed Index in the cryptocurrency market. Source: CoinStats.

In the past day, the volume of liquidations in the cryptocurrency futures market exceeded $686 million, with nearly all liquidations occurring in short positions. In total, almost 126,000 traders faced forced closures.

Daily liquidation volume for cryptocurrency futures contracts. Source: CoinGlass.

Among the main reasons for the rise in market optimism, experts cite encouraging inflation data from the U.S. and the conflict between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. On January 13, the U.S. Department of Labor reported that annual inflation stood at 2.7%, below the expected level. This strengthens expectations for a reduction in key rates by the Federal Reserve in 2026.

Additionally, the standoff between Trump and Powell is believed by experts to undermine investor confidence in the dollar economy and stimulate a shift of capital into digital assets, particularly Bitcoin and other cryptocurrencies.

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