{"id":19782,"date":"2026-01-13T19:12:00","date_gmt":"2026-01-13T19:12:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-bitcoin-and-altcoins-are-going-up-today-jan-13\/"},"modified":"2026-01-13T19:12:20","modified_gmt":"2026-01-13T19:12:20","slug":"heres-why-bitcoin-and-altcoins-are-going-up-today-jan-13","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-bitcoin-and-altcoins-are-going-up-today-jan-13\/","title":{"rendered":"Here\u2019s why Bitcoin and altcoins are going up today (Jan. 13)"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin and altcoins rallied today, January 13, as market participants reflected on the encouraging U.S. consumer inflation data and the progress of the CLARITY Act.<\/p>\n<div id=\"cn-block-summary-block_7fee79a701757e76cf50a4eda2f199f7\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin and most altcoins were in the green today, January 13.<\/li>\n<li>The U.S. published an encouraging consumer inflation report.<\/li>\n<li>The Senate Banking Committee published the text of the CLARITY Act.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bitcoin (BTC) rose for the third consecutive day, reaching an intraday high of $93,500. Dash (DASH) jumped by 55%, while Monero (XMR) rose by 20%. Other top gainers included tokens like Story, Internet Computer, Pump, and World Liberty Financial.<\/p>\n<figure class=\"wp-block-image size-large\"><\/figure>\n<h2 class=\"wp-block-heading\">Bitcoin and altcoins rally triggered by US inflation data\u00a0<\/h2>\n<p>One main reason Bitcoin and altcoins rose was that the Bureau of Labor Statistics published an encouraging US inflation report. <\/p>\n<p>Headline Consumer Price Index (CPI) remained at 2.7% in December as the core CPI, which excludes the volatile food and energy products, dropped from 2.7% to 2.6%.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Monthly US CPI inflation came in as expected at 0.3% for both core and headline measures.<br \/>Annual headline inflation is 2.7% (as expected) and core 2.6% (somewhat lower than expected).<br \/>This data release will not change rate expectations in any significant manner \u2014 that is to say,\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/ZkeoPoaie6\">https:\/\/t.co\/ZkeoPoaie6<\/a><\/p>\n<p>\u2014 Mohamed A. El-Erian (@elerianm) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/elerianm\/status\/2011069954439696785?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 13, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>These numbers indicate that Trump\u2019s tariffs have not had a significant impact on inflation. Also, there are signs that inflation will continue moving downwards as gasoline prices and mortgage rates drop.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Mortgage rates dropped to 6.2%, and the drop will continue falling as Fannie Mae starts buying as part of President Trump\u2019s directive to buy mortgage securities worth $200 billion.<\/p>\n<p>Inflation may also drop, albeit slightly, if the U.S. Supreme Court rules that Trump\u2019s tariffs were illegal on Wednesday, January 14.<\/p>\n<p>Falling inflation and a softening labor market suggest the Federal Reserve may deliver additional interest rate cuts this year. The bank\u2019s dot plot suggested it would cut interest rates this year.<\/p>\n<h2 class=\"wp-block-heading\">CLARITY Act tailwinds\u00a0<\/h2>\n<p>The crypto rally is also happening as market participants react to the new Market Structure Bill, which is commonly known as CLARITY Act.\u00a0<\/p>\n<p>This bill will simplify U.S. crypto regulations by clarifying the respective roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission.\u00a0<\/p>\n<p>The CFTC, which is seen as more friendly, will regulate most coins, while the SEC will regulate issuers and the issuance of digital assets sold as part of an investment contract.<\/p>\n<p>Looking ahead, the bill will go through the markup process in the committee on Thursday, followed by a full Senate vote at a later date\u00a0\u00a0<\/p>\n<p>Bitcoin and altcoins are up as futures open interest rose to over $138 billion and the Crypto Fear and Greed Index moved to 45. The index is showing signs of moving into the greed zone soon, which would be positive for the crypto market.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and altcoins rallied today, January 13, as market participants reflected on the encouraging U.S. consumer inflation data and the progress of the CLARITY Act. Summary Bitcoin and most altcoins&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=19782"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19782\/revisions"}],"predecessor-version":[{"id":19783,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19782\/revisions\/19783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13184"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}