Bitcoin began 2026 with some renewed strength, climbing roughly 8% since the start of the year as institutional inflows, derivatives positioning and geopolitical developments have come together to lift sentiment across crypto markets.

The bitcoin price is trading near $94,100 today, reaching levels last seen in early December. The price briefly touched an intraday high of $94,352 after opening the year near $87,400 on Jan. 1, per Bitcoin Magazine Pro data.

As of this morning, bitcoin was changing hands around $94,000, according to market data, putting it within 1% of its recent seven-day high.

The rally pushed bitcoin’s market capitalization to roughly $1.87 trillion, with…

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