Bitcoin's New Year bounce 🎊

Bitcoin blasted past $93,000 Monday, amid macro geopolitical turmoil sparked by U.S. strikes on Venezuela.

Author

Stephen Graves
January 05, 2026

📝 What you need to know

Bitcoin had a good start to the new year, surging past $93,000 Monday morning as global markets roiled following geopolitical turmoil stirred up by U.S. strikes on Venezuela.

The top cryptocurrency’s breakout was accompanied by a surge in activity from Bitcoin whales, with the increase in average BTC flows to exchanges marking an “early signal of renewed speculation rather than retail-driven noise,” according to analysts.

Elsewhere, digital asset funds closed out 2025 with near-record inflows of $47.2 billion, according to CoinShares’ annual report. Analysts pointed to a shift in capital allocations, with inflows to Bitcoin funds dropping by 35% as investors pivoted to altcoin funds including Ethereum, XRP and Solana.

US Strike on Venezuela Puts Bitcoin in Focus as Oil Slides

The U.S. capture of Venezuela’s President Nicolás Maduro sent oil to four-year lows, while crypto markets have held steady.

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📚 Watch and Learn

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BTC ETFs saw $471m in net inflows on the first trading day of 2026, the highest single-day total since November 11. Big Four firm PwC announced it will go “deeper” into crypto with a focus on stablecoins and payments.

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