Crypto Rallies on ETF Inflows; Regulatory Vote, Acquisitions, and Market Moves
The cryptocurrency market shows signs of recovery with Bitcoin reaching $95,000, up 3%, and Ethereum at $3313, up 6%. Altcoins like Solana also saw gains. Driving the rally is the largest inflow into Bitcoin ETFs in three months, totaling $754 million, and $130 million into Ethereum ETFs. A Senate committee is scheduled to vote on a crypto bill on January 27, though stablecoin issues remain a point of contention. In other developments, Polygon Labs is set to acquire Coinme and Sequence for $250 million, while BitPanda is considering a Frankfurt IPO in the first half of 2026. CZ has invested in Genius Terminal, a perpetual trading platform.
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