Bitcoin has risen by reaching the peak of the last two months.

Bitcoin Rises to Two-Month High, Gaining Momentum

Bitcoin has managed to attract investors' attention by reaching its highest level in the last two months. Positive inflation data from the U.S. and increasing geopolitical tensions played a significant role in the appreciation of the leading cryptocurrency. In the early hours, Bitcoin surpassed $95,000, marking the first time it has reached this level since November, and it began trading at $94,900 after showing over a 3% increase in the last 24 hours.

Crypto Market Expands

With Bitcoin’s rise, other cryptocurrencies also performed positively and gained value. Ethereum increased by 6%, XRP by 3%, Solana by 2%, Dogecoin by 5%, and Cardano by 7%. This contributed to the total cryptocurrency market cap rising by 3% to $3.24 trillion. Additionally, the Crypto Fear and Greed Index reached a level of 52.

Impact of Macro Developments

Ryan Rasmussen, head of research at Bitwise, stated that global events serving as significant catalysts helped investors remember the purpose of Bitcoin’s creation. Rasmussen noted the currency collapse in Iran, the U.S. Department of Justice sending a subpoena to Fed Chairman Jerome Powell, and developments in Venezuela in this context.

Consumer price index data for December showed an annual increase of 2.7%, which heightened investor interest in these figures. According to CoinGlass, $267.1 million in short Bitcoin positions were liquidated in the last 24 hours, while the liquidation amount for long positions reached only $28.1 million.

Trading Volume and Whales

The increase in Bitcoin’s trading volume coincides with whales' desire to accumulate. Glassnode stated that trading volume has shown recovery from cyclical low levels. However, it was also observed that a growing selling pressure exists, and a more defensive stance is being adopted in the short term.

While individual investors are realizing profits, large Bitcoin holders continue to increase the number of wallets holding between 10 and 10,000 BTC. In recent days, 56,227 coins added to their wallets have attracted attention against market fluctuations.

Increase in Institutional Demand

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded their largest daily net inflows since October 7, 2025. According to SoSoValue's data, spot Bitcoin ETFs recently reached a three-month high with a net inflow of $753.7 million. Fidelity's ETF holds the highest inflow at $351 million, followed by Bitwise and BlackRock's ETFs with $159 million and $126 million, respectively.

Nick Rick expressed that institutional demand has revived, indicating that investors are re-allocating their capital.