Bitcoin surges past $94,000 on Jan. 5 as ETFs add $471M and shorts unwind

On Jan. 5, Bitcoin crossed $94,000, its highest since Dec. 10, after a 24‑hour rally lifted crypto market value by nearly $100 billion. US spot Bitcoin ETFs saw $471 million net inflows on Jan. 2, options open interest on Deribit approached $1.45 billion, and CoinGlass recorded $438 million in short liquidations.