Bitcoin Surpasses $93,000 as Global Markets Experience Turbulence
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 05 2026- Bitcoin Breakthrough: Bitcoin's price surpassed $93,000 around 4:00 AM TSI, climbing over 2% from the previous day, indicating a strong appetite for high-risk assets and further solidifying its dominance in the crypto market.
- Ethereum Gains: Ethereum rose to $3,194, with other leading cryptocurrencies like XRP, BNB, and Solana increasing between 2% and 5%, reflecting enhanced market optimism and a growing risk appetite among investors.
- Geopolitical Impact: Developments in Venezuela, particularly the extradition of former leader Maduro to the U.S., have caused fluctuations in energy markets, prompting investors to reassess their asset allocations and driving demand for cryptocurrencies.
- Active Institutional Investors: Institutional investors are actively accumulating assets during market consolidation, with Bitcoin identified as a pivotal support level at $95,000, showcasing confidence and anticipation for future market opportunities.
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.
