The cryptocurrency markets were buoyant on Wednesday, January 14, 2026. Bitcoin rose over 4% to reclaim the $96,000 mark, breaking multi-week resistance levels, supported by spot buying and higher open interest. Ethereum gained more than 7%, crossing $3,300, driven by solid network activity and strong trading volumes. Altcoins like Cardano, Stellar, and Dogecoin also saw gains of around 9-10%. Analysts attribute the rally to spot accumulation and improving risk appetite, with on-chain data showing liquidations of short positions. The upward movement is also linked to favorable US CPI data, which showed stable inflation at 2.7% year-on-year, easing fears of further Federal Reserve rate hikes, creating a balanced macro environment supportive of risk assets. Bitcoin faced resistance at $98,000 and slipped below $96,000 but remained higher.