The bitcoin price started 2026 with a sharp rally, climbing above $94,000 as ETF inflows, bullish options positioning and renewed geopolitical hedge demand lifted market sentiment.
The bitcoin price's 2025 price swung above $125,000 before falling to around $87,000, reflecting a shift from speculative rallies to macro-driven market forces.
The bitcoin price briefly surged above $89,000 on Thursday after a sharply cooler-than-expected U.S. inflation report, before pulling back to around $88,374.