The cryptocurrency market has experienced a significant upturn in the last 24 hours, primarily driven by the Federal Reserve's injection of billions in liquidity into the financial system. This move has boosted risk assets, including cryptocurrencies, leading to Bitcoin's price surpassing $94,000. The broader crypto market added over $260 billion in the first week of 2026, with the Fed's $74.6 billion repo injections easing funding pressures. This expansion of global liquidity has also seen Bitcoin's dominance slip below 60%, suggesting an impending altcoin season.