$BTC Bitcoin (BTC) once again proved its volatile nature in the past several days. It was trading at around $94,000-$95,000 during the weekend, but the bears stepped in at the start of the business week, suppressing the valuation below $90,000 for the first time since November last year.  As it turned out, though, this was just a momentary plunge, and the price started climbing exponentially in the following days. On January 15, BTC soared above $98,000 following the latest CPI data released by the US Labor Department. The bulls continued to prevail, and the asset briefly surged past $100K on January 16. In the next hours, BTC slightly retraced and is currently worth around $98,000 (per CoinGecko’s data).