{"id":126942,"date":"2026-01-14T07:14:27","date_gmt":"2026-01-14T07:14:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126942"},"modified":"2026-01-14T07:14:27","modified_gmt":"2026-01-14T07:14:27","slug":"crypto-market-news-today-january-14-why-is-crypto-up-bitcoin-blasts-95k-ethereum-with-7-price-gain","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126942","title":{"rendered":"Crypto Market News Today, January 14: Why Is Crypto Up? Bitcoin Blasts $95K, Ethereum With 7% Price Gain"},"content":{"rendered":"

Why is crypto up today? Exciting? Bitcoin price jumped higher after US inflation data came in softer than expected, and for a while, BTC has been looking ugly as the bear market began being the hot topic. Then it didn\u2019t. Buyers stayed, sellers backed off. By the time New York opened, the Bitcoin price had already pushed to levels it hadn\u2019t seen since November.<\/p>\n

Ethereum price followed with a clean 7% jump to above $3,300, and suddenly the market woke up, the sentiment turned extra bullish, and the fear and greed index ran from fear to neutral. What looked like a routine an hour earlier turned into a full momentum shift, and the bull run is coming back!<\/p>\n

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Crypto Fear and Greed Index<\/h4>\n
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Market Sentiment<\/div>\n
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Why Crypto Up? Bitcoin Price Moves Fast<\/h2>\n

The first real driver behind why crypto is up was positioning. Bitcoin price reclaiming $94,000 forced us not to think. Short positions started to unwind as liquidations kicked in, squeezing bears. Close to $600 million in shorts were cleared in a single day, with Bitcoin price accounting for the bulk of the damage.<\/p>\n\n

(source \u2013 CoinGlass<\/strong><\/a>)<\/p>\n

Macro data gave the market permission as US core inflation eased slightly in December, while job growth slowed more than forecast. This combination brought talk of rate cuts later on and weakened the dollar just enough to help risk assets breathe. Bitcoin took the chance and its price run.<\/p>\n

As the rally picked up speed, open interest rose, and funding rates flipped positive. None of this was subtle as we rushed to get back in after being too cautious for too long.<\/p>\n

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