Cryptocurrency prices surged on January 13, 2026, with Bitcoin gaining over 5% to approach $93,500, driven by lower-than-expected U.S. inflation figures and a proposed regulatory bill. Ethereum and other altcoins like XRP and Solana saw even stronger gains of 5-10%. Traders expressed excitement online as the market anticipates potential Federal Reserve rate cuts.
On January 13, 2026, the cryptocurrency market experienced a broad rally, with Bitcoin climbing 5.03% to push above $92,000 and reach around $93,500, according to multiple reports. This uptick followed the release of U.S. Consumer Price Index (CPI) data for December 2025, which showed annual inflation holding steady at 2.7% year-over-year—lower than anticipated and above the Federal Reserve's 2% target but indicating contained price growth despite tariff impacts.
The softer inflation reading heightened market expectations for interest rate cuts later in the year, particularly as Federal Reserve Chair Jerome Powell's tenure nears its end. Bitcoin now faces a key resistance zone between $93,500 and $95,000, which has capped its price for nearly two months, while analysts set a $100,000 target amid rising volume.
Altcoins outperformed Bitcoin, with Ethereum jumping 7.52%, XRP rising over 6%, and BNB, Solana, and Dogecoin gaining between 5% and 10%. Dash led the altcoin surge as traders rotated into privacy coins and memecoins. The rally coincided with the U.S. Senate Banking Committee's release of a 278-page draft for the Digital Asset Market Clarity (CLARITY) Act, which proposes a 'lane system' to classify digital assets—assigning jurisdiction to the Securities and Exchange Commission (SEC) for investment-like tokens and the Commodity Futures Trading Commission (CFTC) for others—while requiring extensive disclosures from issuers similar to public companies.
For XRP specifically, crypto pundit Bird highlighted the week as potentially massive due to the CPI data and upcoming CLARITY Act markup. Online reactions captured the fervor: one trader posted, “WHAT THE F*CK IS GOING ON WITH BITCOIN???” while another exclaimed, “The crypto market is warming up, buckle up, BE SAFE, we're so back!”
This surge reflects broader optimism in crypto markets, though prices remain volatile amid macroeconomic shifts.
