The Daily Baku
International
Bitcoin briefly rises above $94,000 for the first time in four months
January 6, 2026
09:48
Bitcoin price stood just above $93,950 on January 6 (9:45 a.m. IST), representing a gain of 1.33 percent in a day and 7.73 percent in a week. The world's largest cryptocurrency dipped to the lowest of $93,548 and peaked at $94,757 during the morning session, The Daily Baku reports, citing moneycontrol.com.
"Bitcoin remains on an upward trajectory, trading near $93,800 after testing resistance around $94,700. Institutional participation continues to support the move, with firms like Strategy adding over $116 million worth of BTC. While market setup remains bullish, upcoming macro data like the JOLTS survey and employment report will be key in shaping near-term momentum," said Akshat Siddhant, Lead Quant Analyst, Mudrex.
The volatility has been observed across other cryptocurrency tokens as well, with ETH up 1.82 percent, ADA up 5.85 percent, SOL up 1.33 percent, XRP up 11.16 percent, and Tether is up 0.05 percent in the past 24 hours.
"Bitcoin holds above $93,600, while Ethereum remains stuck above $3,200. XRP price surged above $2.4, while Solana struggles to reach $140. SUI leads the top gainers with a rise of over 13.71%, followed by Lighter by 12.89% and XRP by 11.54%. IOTA & BTT prices have also surged over 10%. MYX Finance declined 16.67%, followed by Story and Midnight, which each dropped by over 4%, and Canton, which decreased by close to 4%," said CoinDCX Research Team.
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