NEW YORK, Jan 5, 2026, 03:47 ET — Market closed
Bitcoin rose about 1.2% to $92,449 by 3:47 a.m. ET, steadying into the first full trading week of the year. It traded between $90,905 and $93,170 in the latest session.
The Bitcoin price move matters now because traders are trying to gauge whether the early-January bid is durable or just a bounce in a market that still takes its cues from U.S. rates and the dollar. Crypto desks are also watching whether new-year allocation flows translate into sustained demand.
U.S.-listed spot bitcoin exchange-traded funds — products that hold bitcoin directly — remain a key barometer for institutional positioning. They posted net inflows of $471.3 million on Jan. 2, led by BlackRock’s iShares Bitcoin Trust (IBIT) at $287.4 million, data from Farside Investors showed. Farside Investors
In currencies, the dollar opened the week with a broad rally as traders looked past weekend headlines and focused on what incoming U.S. data implies for Federal Reserve policy. “It’s more about what the U.S. data is going to tell us about the Fed’s policy path,” said Kyle Rodda, a senior financial markets analyst at Capital.com. Reuters
Geopolitics stayed on the radar after the United States captured Venezuelan President Nicolas Maduro and President Donald Trump said Washington was putting the country under temporary American control, an escalation that lifted demand for traditional havens such as gold even as oil slipped. Bitcoin edged higher alongside broader risk assets in early trading. Reuters
Ether, the second-largest cryptocurrency, rose about 0.8% to $3,160.
Bitcoin-linked stocks will be in focus when Wall Street opens, after a strong prior session for crypto-exposed names. Coinbase Global rose about 4.6%, Strategy gained roughly 3.5%, while miners Marathon Digital and Riot Platforms climbed about 10.2% and 12.0%, respectively.
On the chart, traders are watching whether bitcoin can clear the $93,000 area after the overnight high near $93,170. Support sits near the $91,000 zone, with $90,000 the next round-number level if selling pressure returns.
But the setup can still flip quickly if U.S. data re-accelerates the dollar’s rise and hardens the market’s view on rate cuts. ETF flows can also swing sharply day to day, amplifying moves in a market where leverage remains common.
