According to @BullTheoryio, Bitcoin (BTC) broke above $94,000 and is up $2,700 after the CPI came in at 2.7% as expected (source: @BullTheoryio). The same source reports that approximately $72 million in short positions were liquidated during the move, highlighting the immediate market reaction to the CPI release (source: @BullTheoryio).

According to The Kobeissi Letter, Bitcoin surged above $94,000 today as leveraged short liquidations exceeded $200 million, with BTC now up nearly $6,000 since Friday night (source: The Kobeissi Letter on X, Jan 5, 2026).