Bitcoin price: Approaching new price threshold
As of 5:41 PM today (January 6), Bitcoin - the world's largest electronic currency - according to market value continued to increase by 0.67%, reaching 93,550.20 USD.
This new price contributed to keeping market capitalization unchanged, trading at 1,868 billion USD, an increase of 48 billion USD. Similarly, trading volume in 24 hours reached 26.53 billion USD, an increase of 19.66 billion USD.
Perspectives and forecasts
The US Federal Reserve (Fed) has just "pumped" tens of billions of USD into the system, and immediately after that, the price of Bitcoin jumped to over 94,000 USD. In fact, in less than the first week of 2026, the cryptocurrency market increased by more than 260 billion USD in capitalization.
The Fed's $74.6 billion repo liquidity pump helped reduce capital pressure across the market, thereby promoting risky assets such as cryptocurrencies, and ultimately helping Bitcoin stand firm in important price ranges. As Bitcoin's dominance fell below 60%, alternative cryptocurrencies also began to show signs of rebounding.
BlackRock's Bitcoin ETF fund has net attracted 287 million USD - the highest level in 3 months, while total capital flow into spot funds - where users can borrow more assets to trade by mortgaging their margin, reached 471 million USD.
When Bitcoin prices stabilize, alternative cryptocurrencies begin to explode. The total value locked on Ethereum currently reaches 74 billion USD, with DeFi and neutral cryptocurrencies continuing to grow strongly, while the total trading value of this currency has reached 8,000 billion USD.
The liquidity boost from the Fed is not only about Bitcoin, and is not simply a price story. Although 260 billion USD of new capital is strongly supporting the alternative currency, today's cryptocurrency news seems to show that 2026 may be the time when the market moves at the same pace. Bitcoin often leads, but alternative cryptocurrencies will follow with stronger growth.
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.
