The cryptocurrency markets are experiencing a significant rally on January 14, 2026, with Bitcoin re-establishing its position above $96,000 and Ethereum surging past $3,300. This upward trend is attributed to strong spot buying, increased open interest, and improved risk appetite in the market. A key factor driving this positive sentiment is the stable US CPI data, which showed inflation at 2.7% year-on-year, alleviating concerns about future Federal Reserve rate hikes. Despite some profit-booking, Bitcoin maintains its higher trading levels.