Bitcoin Price Hits $97,000 Before Correcting After US Inflation Data Release

Surge and Correction in Bitcoin Price

The price of Bitcoin (BTC) experienced a significant surge, reaching $97,000 on January 15, 2026. This peak was followed by a slight correction to the $95,000-$96,000 range after the release of the US inflation data for December 2025. The inflation data showed a 0.3% monthly increase and a 2.7% yearly rise, which was in line with market expectations.

Factors Influencing Inflation Rate

The Bureau of Labor Statistics (BLS) reported that the core inflation rate remained steady at 0.2% monthly and 2.6% yearly. The housing sector was the primary driver of the inflation increase, with a 0.4% monthly rise. This sector's performance is a critical factor in overall inflation trends.

Market Reaction to Inflation Data

The release of the inflation data, which met market expectations, led to a correction in Bitcoin's price from its peak. The cryptocurrency market is known for its sensitivity to macroeconomic indicators, particularly inflation data from major economies like the US.

Implications for Cryptocurrency Market

The surge in Bitcoin's price to $97,000 reflects the cryptocurrency's ongoing volatility and its reaction to various market and economic factors. The subsequent correction following the inflation data release highlights the complex interplay between macroeconomic indicators and cryptocurrency valuations.