Bitcoin breaks through $97,000! Safe-haven assets rotate, gold hits a new all-time high

GasWrangler · 2026-01-14T21:00:11+00:00

Bitcoin surged to $97,000 amid growing market confidence, clearing over $100 million in short positions within an hour. Analysts believe that the stability of the U.S. economy and positive political signals have driven this trend. Meanwhile, gold and silver prices also rose significantly due to increased risk aversion, reflecting the market's conflicting sentiments about economic recovery and risk.

GasWrangler

2026-01-14 21:00:11

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【Crypto World】Bitcoin’s recent rally is quite intense. Against the backdrop of widespread buying in the stock market and precious metals, BTC surged past $97,000, even wiping out over $100 million in short positions within an hour.

Analysts break down this rally— the underlying logic is that the US economy is performing steadily, coupled with some positive political signals, which boosts market confidence. Although bank earnings reports are mixed and traditional markets like the S&P 500 are still sluggish, this hasn’t dampened the enthusiasm for risk assets.

Interestingly, risk aversion is also on the rise. Silver surged by 6.1%, and gold performed even better, reaching a new high of $4,620 amid geopolitical tensions. This phenomenon actually reflects a contradictory mindset in the market—wanting to bet on an economic recovery while also leaving room for potential risks.

BTC1,81%

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WalletWhisperer

· 8h ago

the liquidation cascade tells a story nobody's reading yet... $100m shorts vaporized in an hour? that's not bullish volume, that's *pattern recognition* screaming. whale clustering around 97k threshold suggests predetermined accumulation zones, not organic breakout. fascinating how the market simultaneously hedges into gold while chasing btc—textbook risk parity ballet masquerading as conviction.

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AirdropHunter007

· 8h ago

97k and still haven't bought in? Well, keep waiting for it to drop haha

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Degen4Breakfast

· 9h ago

97k already, the bears are getting crushed again and again haha The new all-time high for gold is a bit interesting. Despite the economy improving, why are people still stockpiling safe-haven assets? Market players are really prepared for both sides. One hour sees 100 million in shorts, is this the current rhythm? So wild. I feel this game isn't over yet. The economic stability signals are so strong that BTC breaking 100,000 shouldn’t be able to run away. Political support plus safe-haven demand heating up, this combo punch is quite fierce. The S&P is still grinding, but the crypto world is already on fire. The wealth gap is really big. Silver at 6.1%, gold hitting new highs—could there be a black swan next month? Or is this just normal risk pricing? Is this rally really without any pullback? Feels like it’s been too smooth.

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FunGibleTom

· 9h ago

97k breaking through is indeed a bit wild, and the shorts got crushed terribly.

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ApeEscapeArtist

· 9h ago

97k is not a dream. This bullish wave is really fierce, and the bears are directly crushed for a billion... Gold is also going crazy. As geopolitical tensions tighten, everyone gets nervous. Want to make money and buy the dip in gold, and the market just takes advantage of both sides. The S&P is still dragging its feet, but BTC is already soaring. Traditional finance really can't keep up with the pace. With such stable economic signals, there's still more to play for.

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ForkThisDAO

· 9h ago

97k this is really a bit outrageous, the shorts were instantly wiped out by 100 million USD. Do I feel like this round of market is a bit fake? Gold and Bitcoin rising together, this thing is indeed quite contradictory. What is the market betting on? Say it's stable, but is it really stable? I doubt it, even the S&P 500 is just loafing around. This time different? Cut it out, I've heard that too many times. Charging in recklessly? Be careful of flying knives, brother.

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