1 hour ago
Bitcoin (BTC) eyed one-week highs astatine Tuesday’s Wall Street unfastened arsenic markets surged connected debased US ostentation data.
Key points:
Bitcoin approaches $93,000 and a “huge” absorption partition connected the backmost of affirmative US ostentation trends.
The S&P 500 beats records contempt the ongoing spat betwixt US President Donald Trump and Federal Reserve Chair Jerome Powell.
A trader calls clip connected the low-timeframe Bitcoin trading range.
Bitcoin gets US ostentation boost arsenic S&P 500 surges
Data from TradingView showed 1.5% BTC terms gains accompanying cooler-than-expected Consumer Price Index (CPI) figures for December 2025.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
CPI matched 2.7% predictions, portion halfway CPI came successful astatine 2.6%, 0.1% beneath the anticipated level, the Bureau of Labor Statistics (BLS) confirmed.
“The each items scale roseate 2.7 percent for the 12 months ending December, the aforesaid summation arsenic implicit the 12 months ending November,” it wrote successful an official statement.
US CPI 12-month % change. Source: BLS
Reacting, US banal markets instantly gained, with the S&P 500 hitting caller all-time highs.
BREAKING: S&P 500 futures surge supra 6,990, a caller grounds high, arsenic Core CPI ostentation comes successful beneath expectations.
We whitethorn yet spot 7,000 today. pic.twitter.com/hTiwnBn8Yj
“Both header and halfway CPI ostentation were FLAT successful December,” trading assets The Kobeissi Letter responded connected X.
Kobeissi touched connected a problematic concern betwixt the US authorities and the Federal Reserve. As Cointelegraph reported, the Fed is expected to support involvement rates astatine existent levels astatine its adjacent gathering connected Jan. 28.
Fed people complaint probabilities for Jan. 28 FOMC gathering (screenshot). Source: CME Group FedWatch Tool
At the aforesaid time, President Donald Trump continues to request that rates driblet further. A ineligible probe into Powell announced successful caller days has go a awesome of that tension, with Powell himself publicly suggesting that it came arsenic a effect of Fed policy.
After CPI, Trump reiterated his petition for little rates — something that would notionally person a affirmative interaction connected liquidity flowing into hazard assets and crypto.
Source: Truth Social
Trump alluded to US commercialized tariffs helping bring ostentation little — a root of contention successful itself, with the Supreme Court owed to decide connected the tariffs’ legality this week.
BTC terms scope “won’t past overmuch longer”
As Bitcoin eyed $93,000, traders were frankincense nether nary illusion astir the buying powerfulness required to propel the terms into a sustained uptrend.
Related: Bitcoin loses to golden arsenic debasement commercialized with BTC astatine 2-year lows: Analysis
Commentator Exitpump showed 2 volume-weighted mean terms (VWAP) trendlines coming into presumption arsenic a “huge absorption area.”
VWAP refers to an mean terms constituent implicit a play of time, weighted by the magnitude of commercialized measurement seen.
$BTC Slowly approaching AVWAP again astatine 94K (last clip has rejected) and connected apical of that we person 90D Rolling VWAP astir 96K. Huge absorption area. pic.twitter.com/npxroPm85r
— exitpump (@exitpumpBTC) January 13, 2026“The chop from the past fewer days has made it truthful there's immoderate decent liquidity built up connected some sides,” trader Daan Crypto Trades continued earlier connected the day.
“Above, $92.6K-$94K is the country to watch. Below, $89.8K-$88.7K is beauteous large.”
Total crypto liquidations (screenshot). Source: CoinGlass
Exchange order-book liquidity from monitoring assets CoinGlass enactment 24-hour cross-crypto liquidations astatine astir $170 million.
“No uncertainty that this existent ~$90K-$92K are which we've been trading successful for the past 5 days oregon so, won't past overmuch longer,” Daan Crypto Trades added.
BTC liquidation heatmap. Source: CoinGlassThis nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision. While we strive to supply close and timely information, Cointelegraph does not warrant the accuracy, completeness, oregon reliability of immoderate accusation successful this article. This nonfiction whitethorn incorporate forward-looking statements that are taxable to risks and uncertainties. Cointelegraph volition not beryllium liable for immoderate nonaccomplishment oregon harm arising from your reliance connected this information.
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