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Bitcoin Steadies Around $95,000 as ETF Flows Offset Jitters From U.S. Senate Delay

ETF demand is propping up prices even as a Senate postponement of a market‑structure bill dented sentiment.

Overview

  • Bitcoin cooled to roughly $95,000 after touching near $97,900 this week, with mid‑January spot ETF inflows topping $843.6 million in a day, about $1.07 billion for the week, and roughly $1.5 billion year to date.
  • Net ETF buying slowed to about $100 million on Jan. 15, coinciding with the Senate Banking Committee postponing markup of a crypto market‑structure bill following industry opposition and a pullback in major tokens.
  • Short‑term sentiment softened to neutral and liquidations picked up, yet traders still see a 54% probability of a $100,000 print in January, with key levels flagged at $94,000–$95,000 support and $98,000–$102,000 resistance.
  • On‑chain data show larger holders accumulating more than 32,000 BTC since Jan. 10 while smaller wallets reduced exposure, and a Bitcoin Bull Score near 20 signaled rare, deeply pessimistic conditions that have preceded turns.
  • Ethereum hovered near $3,300 as network activity accelerated, including a single‑day record 393,600 new wallets and a weekly high in transacting users, reinforcing adoption trends despite broader market caution.