Bitcoin Rallies Above $92K as Bullish Sentiment, ETF Inflows, and Geopolitical Tensions Fuel Crypto Market Optimism

Bitcoin (BTC) extended its recent rally during Monday’s Asian trading session, climbing more than 1% to trade above $92,000 and positioning itself for a five-day winning streak, its longest since early October. According to CoinDesk data, Bitcoin surged from around $91,480 to nearly $92,500, briefly touching levels above $93,000. This upward momentum reflects improving market sentiment across the broader cryptocurrency market.

Major altcoins followed Bitcoin’s lead, with Ethereum (ETH), Solana (SOL), and XRP posting gains between 0.7% and 1%. The broader market also strengthened, as the CoinDesk 20 and CoinDesk 80 indexes rose approximately 1.5%, signaling renewed investor confidence across digital assets.

Market analysts point to a shift toward bullish trend regimes for both Bitcoin and Ethereum. Markus Thielen, founder of 10x Research, noted that sentiment turned constructive following the late-December options expiry, as tax-loss selling pressure eased and trading desks regained flexibility to deploy risk capital at the start of the new year. Throughout December, Bitcoin underperformed traditional assets such as the Nasdaq and gold, ending 2025 with an annual loss of about 6%, largely due to U.S.-based investors selling at a loss to offset capital gains.

Bitcoin’s recent rebound also coincides with heightened geopolitical tensions, including reports of U.S. military action involving Venezuelan President Nicolás Maduro. Some market participants increasingly view Bitcoin and cryptocurrencies as potential safe-haven assets during periods of global uncertainty. Analysts observed that gold and silver also rallied, reflecting a broader flight to quality as investors priced in elevated geopolitical risk.

From a technical perspective, Bitcoin’s outlook remains bullish as long as prices hold above the 21-day exponential moving average. Adding to the positive momentum, U.S. spot Bitcoin exchange-traded funds recorded over $471 million in inflows on Friday, marking the strongest single-day inflow since mid-November. These ETF inflows highlight sustained institutional interest and continue to support Bitcoin’s near-term upside potential.