Bitcoin Rallies Past $95,000 After MicroStrategy Buy and U.S. Inflation Data

Bitcoin’s rally was fueled primarily by MicroStrategy Inc. (NASDAQ: MSTR) led by Michael Saylor, which disclosed the purchase of 13,627 BTC.

Written by: Ignacio Teson • Wednesday, January 14, 2026 • 1 min read

• Last updated: Wednesday, January 14, 2026

Bitcoin Eyes $100K Despite Recent Volatility

Quick overview

Bitcoin reached its highest level in nearly two months, closing at around $95,400 after a strong trading session.
The rally was driven by MicroStrategy's significant purchase of 13,627 bitcoins, reinforcing its position as the largest corporate holder.
Ethereum surged 7.7% to break above the $3,300 level, with altcoins like Cardano and Avalanche also posting notable gains.
Moderating U.S. inflation data contributed to the positive sentiment in the cryptocurrency market.

Despite rising geopolitical tensions, several factors supported risk appetite in cryptocurrencies during the session. Bitcoin reached its highest level in nearly two months.

Bitcoin is up for today along with the stock market.

Bitcoin (BTC) posted a strong gain by the close of trading on Tuesday, January 13, after earlier hitting a nearly two-month high. The move was driven by a fresh purchase from MicroStrategy, one of the largest corporate holders of the cryptocurrency, as well as by moderating U.S. inflation data released earlier in the day.

The world’s largest cryptocurrency rose 4.5% to around $95,400, according to Binance, after briefly climbing above $96,000 in afternoon trading. Ethereum (ETH) surged 7.7%, breaking above the $3,300 level. Altcoins followed the same trend, with notable gains in Cardano (+9.6%), Avalanche (+9.3%), and Stellar Lumens (+9%).

BTC/USD

What drove Bitcoin higher

Bitcoin’s rally was fueled primarily by MicroStrategy Inc. (NASDAQ: MSTR), led by Michael Saylor, which disclosed the purchase of 13,627 bitcoins, reinforcing its position as the largest corporate holder of the asset.

This marked the company’s biggest Bitcoin acquisition since July 2025 and was financed through the issuance of common and preferred stock.

At the same time, cryptocurrencies also found support in December’s U.S. consumer price inflation data, which came in broadly in line with expectations. Core CPI was slightly below forecasts, reinforcing the view that inflationary pressures remain contained and supporting risk assets more broadly.

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ABOUT THE AUTHOR See More

Ignacio Teson

Economist and Financial Analyst

Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.