🚀 Bitcoin Nears $98,000: Iran Crisis, US Inflation, and Record ETF Inflows
January 2026 is living up to historical expectations! Bitcoin has already gained over 9% year-to-date, closely approaching the psychological $100,000 mark. What's driving this rally? Let's break down the key drivers of the week.
1. Geopolitics: Bitcoin as a "Safe Haven" 🇮🇷
Protests in Iran and Donald Trump's tough rhetoric have once again forced investors to seek protective assets. Interesting fact: amid the collapse of the rial, Iranians began massive withdrawals of BTC from local exchanges to cold wallets. This created a local supply crunch, pushing the price up. As soon as tensions eased (following Israel's request to the US for restraint), the price corrected, but the trend remains bullish.
2. Macroeconomics: US Inflation Cheers on the Bulls 🇺🇸
December CPI data matched forecasts (2.7%), and core inflation even dropped to 2.6%—a minimum since 2021! For the crypto market, this is a clear signal: the Fed is unlikely to raise rates. Cheap credit = high risk appetite.
3. Institutional Pump: ETFs on Steroids 💰
For the first time in 2026, weekly inflows into spot Bitcoin ETFs exceeded $1.81 billion. This is the best result since October of last year. Institutions continue to "vacuum up" the market, preventing the price from dropping significantly.
Bottom Line: The combination of political instability and a favorable macroeconomic backdrop in the US is creating a perfect storm for growth. Will we see $100k before the end of January?
👇 Comment below: time to take profit, or are we waiting for the moon?
#Bitcoin #BTC #CryptoNews #ETF #MacroEconomics
