BTC (Bitcoin) increased by 0.93% in the last 24 hours

BTC-0,27%

Gate News Bot Message, January 12th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $91,395.88, up 0.93% in the past 24 hours, with a high of $94,762.07 and a low of $89,233.88. The 24-hour trading volume reached $20.512 billion. The current market capitalization is approximately $1.83 trillion, an increase of $16.755 billion from yesterday.

Important recent news about BTC:

1️⃣ Institutional Accumulation Expectations and Confirmation of the Ten-Year Best Asset Strategy founder and executive chairman Michael Saylor has once again released information related to the Bitcoin Tracker. Based on historical patterns, Strategy typically discloses accumulation data the day after related news is announced. Additionally, Saylor stated that the best-performing assets over the past ten years are digital intelligence (NVIDIA), digital credit (Strategy), and digital capital (Bitcoin). This statement reinforces Bitcoin’s position as a long-term value asset and helps attract ongoing institutional interest.

2️⃣ Asian Market Funds Lead, U.S. Follow-up Becomes Key On-chain data analysis shows that Asian market funds have a stronger dominance over BTC price, with aggressive involvement since December 19, 2025, and driving a rebound after a second dip to $85,000. However, U.S. market funds have not yet actively entered, making the current rebound relatively limited. Historical experience indicates that follow-up from U.S. funds will provide strong momentum for the market, serving as an important indicator for future developments.

3️⃣ Japan Policy Reforms Stimulate Incremental Buying Demand Japan’s Financial Services Agency plans to introduce cryptocurrency regulation reforms in April 2026, which will redefine the classification of cryptocurrencies like Bitcoin, potentially categorizing them as financial products. This classification change means Bitcoin’s tax rate on gains will drop to 20%, significantly lower than the marginal income tax rate (43-55%), which will stimulate buying interest among Japanese market participants and provide potential support for Bitcoin’s price.

4️⃣ Satoshi Nakamoto Era Miners’ Transfer Indicates a Key Turning Point A transfer of 2,000 Bitcoins by miners from the Satoshi Nakamoto era occurred, the first such transfer since November 2024, when Bitcoin was around $91,000. Historical experience suggests that transfers by Satoshi-era miners often occur at critical market turning points. With BTC hovering around $91,395, this may signal that the market is entering a new development phase.

5️⃣ Liquidation Pressure and Contract Liquidations Over the past 24 hours, total contract liquidations across the network exceeded $100 million, with long positions dominating. Bitcoin long liquidations exceeded $14 million. If BTC breaks through the $94,900 range, the combined liquidation of shorts on major exchanges could reach $850 million, creating significant technical resistance and increasing the cost of short positions. This situation reflects market participants’ divided outlook on breaking above $94,900, and short-term, the market may face intense directional choices.

This message is not investment advice. Please be aware of market volatility risks.

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