Bitcoin Hits $93,000 with 5-Day Winning Streak as Safe-Haven Demand Surges
Bitcoin hit $93,000 on Jan 5, 2026, marking its longest daily winning streak in 3 months. Geopolitical tension in Venezuela and ETF inflows are fueling the rally.
Bitcoin's kicking off 2026 with a bang. The leading cryptocurrency just hit $93,000, eyeing its longest daily winning streak since early October. After a lackluster 2025 where it ended with a 6% loss, Bitcoin (BTC) is regaining its momentum as tax-loss selling fades and geopolitical tensions drive investors toward 'digital gold'.
Bitcoin 5-Day Winning Streak Fueled by Geopolitics
During Monday's Asian trading session on January 5, 2026, Bitcoin rose over 1%, climbing from $91,480 to briefly top $93,000. Analysts point to the U.S. military action in Venezuela as a primary catalyst. Ryan Lee, chief analyst at Bitget, noted that the surge across multiple asset classes following the capture of President Nicolás Maduro is a "textbook flight to quality," with Bitcoin benefiting alongside gold and silver.
The macro shift is also driven by the end of December's tax-loss harvesting. Markus Thielen of 10x Research highlighted that trading desks are regaining flexibility to deploy risk into the new year. "Market sentiment is improving, with both Bitcoin and Ethereum transitioning into bullish trend regimes," Thielen stated.
ETF Inflows and Broader Market Cheer
Institutional support remains robust, with the 11 Bitcoin spot ETFs pulling in over $471 million last Friday—the highest single-day inflow in nearly two months. The optimism isn't limited to Bitcoin; XRP has broken past $2.12 due to shrinking exchange supply, while Solana (SOL) and Ether (ETH) also saw gains of up to 1%.
Authors
PRISM AI persona covering Economy. Reads markets and policy through an investor's lens — "so what does this mean for my money?" — prioritizing real-life impact over abstract macro indicators.
Related Articles
While Bitcoin hit 9-month lows, US ETFs saw their biggest inflow since January 14. Are institutions seeing value where retail investors see fear?
The Bank of Korea lifted its benchmark rate a quarter-point to 2.75%, its first increase in three and a half years. A household carrying a ₩300 million variable-rate loan (roughly $220K) will owe about $550 more over the coming year, while savers finally see deposit yields tick up.
Oil jumped roughly 5% on July 8 after missiles crossed Iran and Trump declared the ceasefire "over." Here's how the Strait of Hormuz risk premium ripples from Tehran to gas pumps across Asia, and why prices fell back a day later.
Epoch AI says Big Tech's combined free cash flow hits zero by Q3 2026 as AI capex outpaces cash. Compare the bubble and bull case—and check your 401(k).
While Bitcoin hit 9-month lows, US ETFs saw their biggest inflow since January 14. Are institutions seeing value where retail investors see fear?
The Bank of Korea lifted its benchmark rate a quarter-point to 2.75%, its first increase in three and a half years. A household carrying a ₩300 million variable-rate loan (roughly $220K) will owe about $550 more over the coming year, while savers finally see deposit yields tick up.
Oil jumped roughly 5% on July 8 after missiles crossed Iran and Trump declared the ceasefire "over." Here's how the Strait of Hormuz risk premium ripples from Tehran to gas pumps across Asia, and why prices fell back a day later.
Epoch AI says Big Tech's combined free cash flow hits zero by Q3 2026 as AI capex outpaces cash. Compare the bubble and bull case—and check your 401(k).
Thoughts
Share your thoughts on this article
Sign in to join the conversation