Bitcoin Market Resurgence as Morgan Stanley Files for Spot ETFs
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Market Recovery: Since January 2026, the total cryptocurrency market cap has increased by approximately $249.7 billion, indicating a gradual improvement in market sentiment, particularly with Bitcoin rising around 6% and altcoins performing even stronger.
- ETF Inflows: On January 5th, U.S. Bitcoin ETFs saw net inflows of $697 million, marking the largest single-day inflow since October last year, reflecting renewed institutional interest in the market.
- Policy Support: The U.S. Senate Banking Committee is set to review the crypto market structure bill on January 15th, further boosting market confidence and potentially providing clearer regulatory guidance for the future.
- Technical Resistance Levels: Bitcoin is currently facing a critical support and resistance range of $93K to $95K, and if it can hold a daily close above $93K, it will pave the way for a potential breakthrough of the psychological $100K level.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
