Bitcoin Today News: BTC Returns to $90,000, ETF Weekly Inflows Reach $459 Million, Bull Market Signal Reappears?

Bitcoin (BTC) prices have broken through the $90,000 mark for the first time since mid-December 2025, attracting widespread market attention. One of the key drivers of this rebound is the end of two consecutive weeks of outflows in the US Bitcoin spot ETF market, which recorded approximately $459 million in net inflows during the week ending January 2, providing important support for market sentiment.

From a capital structure perspective, leading institutional products have become the main push. iShares Bitcoin Trust and Fidelity Bitcoin ETF each recorded billions of dollars in net inflows, indicating that institutional investors’ confidence in Bitcoin’s short- to medium-term prospects is recovering. Continuous buying of spot ETFs directly impacts Bitcoin’s supply and demand structure and is an important factor in stabilizing BTC prices above $90,000.

On the macro level, there is also support. Recently, the yield on the 10-year Japanese government bonds has retreated from high levels, and the USD/JPY has weakened again, easing concerns about concentrated short positions in yen arbitrage trading. Against the backdrop of improved global liquidity expectations, risk assets are experiencing capital inflows, and Bitcoin has once again become a beneficiary. Meanwhile, market expectations of a rate cut by the Federal Reserve in March remain, and overall risk appetite for crypto assets has warmed.

Progress in regulation also presents potential positive signals. News that US legislative bodies are advancing the cryptocurrency market structure bill has increased market expectations for compliance and long-term capital inflows. If the relevant legislation proceeds smoothly, it will help expand institutional participation in Bitcoin and the crypto market, improving the medium-term supply and demand landscape.

It is worth noting that despite the obvious price rebound, the Bitcoin Fear & Greed Index remains in the “Extreme Fear” zone, reflecting that market sentiment has not fully shifted to optimism. This divergence between sentiment and price often indicates that after a phase of overselling, there is room for further recovery.

On the technical side, Bitcoin is still oscillating below key moving averages, but as long as the $90,000 support level is not effectively broken, the short-term target could rise to $95,000, with a medium-term focus on the psychological barrier of $100,000. Conversely, if macro policies or ETF capital weaken again, there remains a risk of price retesting the $80,000 zone.

Overall, Bitcoin’s breakthrough above $90,000 is not driven by a single event but is the result of the combined effects of spot ETF capital inflows, macro liquidity improvements, and regulatory expectations. Whether the $90,000 level can turn into an effective support will be crucial in judging Bitcoin’s next phase of movement.