Bitcoin price: Booming
As of 5:17 PM today (January 14), Bitcoin - the world's largest electronic currency - according to market value increased sharply by 3.08%, reaching 95,071.57 USD.
This new price contributed to causing market capitalization to slide, trading at the threshold of 1,899 billion USD. Trading volume in 24 hours reached 59.93 billion USD.
Perspectives and forecasts
Bitcoin (BTC) has skyrocketed this week, climbing from about 91,000 USD to over 95,000 USD. Meanwhile, on-chain data shows that a huge amount of BTC has been transferred to the wallets of major exchanges.
This strong price movement has sparked many discussions, with some opinions suggesting that the market may be witnessing a coordinated buying wave.
Data from on-chain analysis company Arkham shows that Binance's wallets alone recorded an additional 32,752 BTCs, including both cold and hot wallets, while Coinbase increased by 26,486 BTCs.
Smaller exchanges also recorded significant cash flow, with Kraken and Bitfinex increasing by 3,508 BTC and 3,000 BTC respectively. According to Arkham's estimates, these transactions total about 6 billion USD in purchasing power.
The scale of these BTC transfers has sparked debate about whether the recent price increase was driven by coordinated market activity or not. Binance CEO Changpeng Zhao spoke out to clarify - stating that the amount of BTC loaded reflects user purchases on exchange wallets, not Binance's internal purchase transactions.
However, analysts believe that this data shows the strong participation of large-asset institutions and investors.
This development took place right after capital flows into Bitcoin ETF funds reached their highest level since October 2025, with total investment capital reaching 753 million USD just yesterday (January 13).
Fidelity's FBTC fund led the cash flow in the day, attracting 351 million USD, marking one of the strongest demand signals for Bitcoin from institutional investors this year.
In the context that silver prices are also expected to reach the 100 USD mark, Bitcoin is similarly accelerating towards the 100,000 USD mark, fueled by recent buying activity and widespread optimism in the cryptocurrency market.
This upward momentum continues to strengthen Bitcoin's role as a long-term value storage channel in the context of increasing financial and geopolitical instability.
Data from Arkham shows that buying activity is mainly concentrated in large exchanges, which are often the main "gateways" for organized cash flow. Historically, such capital flows often appeared before significant price increases, reflecting increased demand while supply in the market was limited. However, the cryptocurrency market still has potential for major fluctuations and the possibility of sudden reversal is always present.
In Vietnam, the cryptocurrency asset market has been piloted from September 9, 2025, the pilot implementation period is 5 years.
However, organizations and individuals participating in the cryptocurrency asset market must comply with relevant legal regulations on preventing and combating money laundering, terrorist financing, financing the dissemination of weapons of mass destruction, electronic transactions, network information security, network security, data protection to ensure security and safety in the cryptocurrency asset market and other relevant specialized laws.
