The broader crypto market is seeing an unexpected uptick, with the Bitcoin, Ethereum, and Dogecoin prices among the top coins recording gains. This sharp increase in value follows the release of US economic data, which indicates positive trends in unemployment and consumer spending. Additionally, potential regulatory changes stemming from a proposed bill are also fueling market momentum and boosting investor confidence across the sector.
After consolidating for days following their last rebounds, Bitcoin, Ethereum, and Dogecoin are surging again amid a series of recent US data reports. The US Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for all urban consumers earlier on Tuesday, January 13, covering December 2025.
The CPI report revealed that prices rose 0.3% on a seasonally adjusted basis last month, with the year-over-year all items index up 2.7% unadjustment. The shelter index increased 0.4% in December, making it the largest contributor to the overall rise. Meanwhile, food prices rose 0.7% both at home and away, and energy rose 0.3%. This increase in CPI data tends to affect cryptocurrency price movements, as moderate inflation often reduces fears of aggressive rate hikes by the US Federal Reserve (FED), encouraging investors to allocate funds to alternative stores of value like BTC and higher risk assets like ETH and DOGE.
In addition to the CPI data, the US jobs report, released on January 9, showed that 50,000 jobs were added in December 2025. Although this was below the revised 56,000 in November and lower than the initial forecast of 60,000, it was still a significant and positive result for investors. While changes in job reports do not directly affect cryptocurrency price action, they can influence investor sentiment by increasing the likelihood of an interest rate cut.
The crypto market has also been bullish ahead of the US Senate Banking Committee’s vote on the CLARITY Act on January 15, 2026. If passed, the bill is expected to provide clearer legal frameworks for digital assets in the US. Subsequently, the regulatory progress will reduce uncertainty and encourage more institutional participation in the crypto market.
Overall, the combination of the US CPI release, jobs report, and potential regulatory clarity is what’s driving the market. Traders are responding favorably to these developments, reflecting renewed optimism.
Fueled by positive economic data, Bitcoin’s price has increased by over 3% so far today, rising from around $91,000 to over $94,000 at the time of writing. CoinMarketCap data also shows that Ethereum has seen even stronger gains, surging more than 6% to trade above $3,300. Meanwhile, Dogecoin has risen by over 6%, reaching $0.148.


