Bitcoin bounced back after dropping below $85,000 and is now approaching the $90,000 mark, marking a notable start to 2026 in the cryptocurrency market. Alongside the price increase, significant liquidations occurred, adding volatility and intensifying market fluctuations. In this article, we briefly examine the factors cited by market participants and what matters for miners.
Bitcoin Price Surge in 2026
The recovery to levels near $90,000 coincided with simultaneous rises in gold and silver prices, indicating investor interest in safe-haven assets. At the same time, Bitcoin's rise triggered substantial liquidations totaling $382 million; for more details on the nature of these sell-offs, see mass liquidations.
Among the liquidations, the largest amounts were concentrated in several key assets: the biggest in Ethereum, followed by Bitcoin and Solana, which further intensified short-term market instability. These movements demonstrated that even amid overall price growth, a significant portion of the market remains sensitive to shocks and news.
Impact of Statements from Trump's Circle
Statements from the U.S. president’s circle played a role in recent volatility: Trump’s Treasury Secretary hinted at "price changes" in 2026, while the media company Trump Media & Technology Group announced plans to launch its own cryptocurrency for distribution among shareholders. These developments heightened interest in cryptocurrencies and partially explain the increased attention to Bitcoin and related assets.
Trump Media CEO Devin Nunes announced a partnership with Crypto.com and plans to use blockchain technology for a token distribution program, providing clarity for some investors. Meanwhile, Trump Media’s shares rose following the announcement, although their price remains significantly below the 2025 peak.
Additionally, Donald Trump himself previously supported crypto initiatives, including signing an executive order to establish a Bitcoin reserve in the U.S., underscoring the institutional aspect of these changes. These political signals combine with market factors and influence investors’ risk perception.
Experts’ Views on Bitcoin’s Future
Some analysts link Bitcoin’s support to the weakening purchasing power of the dollar: according to Nick Pakrin from Coin Bureau, the currency’s declining purchasing power will continue to support assets like gold, silver, and Bitcoin. This perspective explains the parallel rise of safe-haven assets and cryptocurrencies.
David Miller from Catalyst Funds also expressed long-term optimism for both gold and Bitcoin, while cautioning against treating short-term forecasts as gambling. Overall, expert opinions suggest possible long-term backing from macro factors but no guarantees for short-term price movements.
Why This Matters
For miners in Russia, Bitcoin’s price increase means potential revenue growth from selling mined coins; however, simultaneous liquidations and political statements show the market remains volatile. Support from major players and plans for new tokens boost interest and capital inflow into the sector, potentially affecting spot and derivatives markets.
It’s important to understand that these events mostly shift sentiment and investment flows rather than immediately changing mining technical conditions: profitability still depends on electricity costs, equipment efficiency, and payment structures. Therefore, miners should separate market noise from factors directly impacting farm profitability.
What to Do?
- Monitor price and volatility: regularly track exchange rates and news, especially about major liquidations and political statements, to identify periods of heightened risk.
- Manage risks: avoid high leverage and excessive credit exposure; during market instability, reduce margin trading volume and reconsider coin sale strategies.
- Optimize expenses: check equipment efficiency and electricity tariffs; even with price increases, lowering costs directly boosts net profit.
- Diversify income: consider partial conversion to stable assets or holding some funds in fiat to smooth out strong price fluctuations.