Bitcoin Price Surges Back to $95K Amid Strong ETF Inflows

As of Wednesday, Bitcoin has successfully reclaimed the $95,000 mark, bolstered by robust demand for spot exchange-traded funds (ETFs) and a reduction in sell pressure from futures. This has helped stabilize market sentiment following weeks of significant price fluctuations.

Key Takeaways

Bitcoin's price recently rose to approximately $95,033, marking a 3.2% increase over 24 hours and a 6% gain in the last month.
Spot Bitcoin ETFs experienced substantial inflows of $753.7 million on January 13, the highest single-day total in three months.
Increased trading activity has led to a nearly 60% rise in Bitcoin's 24-hour trading volume to $68 billion.
Technical analysis shows that Bitcoin is holding above critical moving averages, indicating potential continued upward movement.

Chart showing Bitcoin price rising

Bitcoin Price Update

At press time, Bitcoin was trading at around $95,033, reflecting a 3.2% increase within the last day. Over the past month, it has gained nearly 6%, although it remains 26% lower than its peak of $120,080 seen in October 2025. Trading activity has surged significantly, with Bitcoin's 24-hour trading volume climbing nearly 60% to reach $68 billion. This uptick signals a renewed interest in both spot and derivatives markets. Data from CoinGlass indicates that open interest in futures rose by almost 6% to $64 billion, and derivatives volume increased by 29% to $110.3 billion. This uptick in volume and open interest typically indicates that new positions are being introduced rather than existing ones being liquidated.

Strong Inflows into Bitcoin ETFs

The substantial inflows into spot Bitcoin ETFs were a crucial factor in supporting Bitcoin's price. On January 13, U.S. spot Bitcoin ETFs recorded net inflows of $753.7 million, the highest single-day figure in three months, according to SoSoValue data. Fidelity's FBTC led the inflows with $351.3 million, followed by Bitwise's BITB at $159.4 million and BlackRock's IBIT at $126.2 million. Additional contributions came from ARKB, Grayscale's Bitcoin Mini ETF, VanEck's HODL, and WisdomTree's BTCW.

ETF inflows are significant because they represent direct purchasing of Bitcoin rather than speculative trades using leverage. Sustained inflows typically decrease the supply available on exchanges, often providing a buffer for prices during corrections, especially in periods of low retail activity.

Easing of Futures Market Pressure

According to separate analyses from CryptoQuant, the pressure from futures markets has significantly eased. A January 13 review by contributor Darkfost highlighted that Bitcoin's Net Taker Volume—which gauges whether buyers or sellers are dominating the futures order books—dropped from a sharp negative average of -$489 million to approximately -$51 million. This notable shift indicates that although sellers still slightly outnumber buyers, the selling pressure has decreased, leading to a more stable price environment.

Technical Analysis of Bitcoin’s Price

From a technical standpoint, Bitcoin has restored its short-term price structure. The asset is currently trading above the 10-day, 20-day, and 50-day moving averages, which are situated in the low $90,000s and provide layered support. It is essential for bulls to maintain this area, as closing below it could undermine the current rebound.

Bitcoin price daily chart diagram

Looking upward, immediate resistance is found near the $96,000-$97,000 range, where the 100-day moving average is situated. A clear break and close above this level may lead to movement toward the psychological threshold of $100,000, coinciding with the 200-day average.

Bollinger Bands are starting to widen after a period of tight compression, often signaling a return of volatility. As Bitcoin is currently trading in the upper half of the band, this trend favors a continuation of upward movement as long as established support remains intact.

Momentum indicators appear positive but not overstretched. The relative strength index is nearing 65, indicating bullish strength without excessive overbought conditions. The MACD is still in buy territory; however, shorter-term oscillators might suggest potential brief pauses following the recent advances.

Currently, traders are focusing on whether Bitcoin can maintain higher lows above the short-term moving averages. Preserving this structure will keep upward price targets in play, while a loss of support could lead to a return to consolidation.