Crypto Currency

Bitcoin pushes above $90,000 as traders eye change in pattern

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin pushes above $90,000 as traders eye change in pattern Particularly hard-hit in 2025’s final sessions, crypto-related stocks are bouncing in this year’s first trading day. By Stephen Alpher Updated Jan 2, 2026, 4:18 p.m. Published Jan 2, 2026, 4:16 p.m. Make us

Share this article

X iconX (Twitter)LinkedInFacebookEmail

Bitcoin pushes above $90,000 as traders eye change in pattern

Particularly hard-hit in 2025’s final sessions, crypto-related stocks are bouncing in this year’s first trading day.

By Stephen Alpher
Updated Jan 2, 2026, 4:18 p.m. Published Jan 2, 2026, 4:16 p.m.
GoogleMake us preferred on Google
A Wall Street banks's take on crypto. (Midjourney/Modified by CoinDesk)

Bitcoin rises above $90,000 (Midjourney/Modified by CoinDesk)

What to know:

  • Bitcoin rose above $90,000 during U.S. trading hours on Friday.
  • It’s a notable change in trend, as crypto prices late in 2025 were typically on the defensive while American stocks traded.
  • Strategy, Coinbase, Hut 8 and Galaxy Digital were among the crypto-related stocks seeing strong gains.

Last year in crypto will be remembered for many things, but one notable trend — particularly late in the year — was the selloffs that occurred nearly every day during U.S. trading hours.

It’s not much to go on just yet, but on 2026’s first official trading day, a change could be afoot as crypto prices are actually rising while American markets are open.

STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The action has pushed bitcoin above $90,000, up 2.5% over the past 24 hours. Ether , solana and are seeing advances closer to 4%.

Assets in general are on the rise in the year’s first session, with the Nasdaq higher by 0.6%, led by AI-related chipmakers like Nvidia, Broadcom, Micron and Intel posting 3%-6% gains. Favored commodity play of late, silver has added 3%. Gold and copper are each modestly higher.

Bitcoin miners turned AI infrastructure firms are sharply higher across the board, with Hut 8 (HUT), CleanSpark (CLSK), TeraWulf (WULF) sporting 10% gains, and Cipher Mining (CIFR) and IREN (IREN) each higher by 8%.

Strategy (MSTR) and Coinbase (COIN) are each ahead more than 3%, Galaxy Digital (GLXY) by 7% and Circle Financial (CRCL) by 4.5%.

Bitcoin NewsMarket WrapBreaking News

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report

More For You

Strategy’s STRC perpetual preferred stock returns to $100, may trigger more bitcoin buying

STRC (TradingView)

The bitcoin treasury company’s perpetual preferred equity, STRC, hit $100 for the first time since early November.

What to know:

  • Stretch (STRC), the perpetual preferred equity issued by bitcoin treasury company Strategy (MSTR) reclaimed its $100 par value in pre-market trading on Wednesday.
  • At that level, Strategy may sell more of the stock through at-the-market offerings to fund further BTC purchases.
  • STRC, which pays an 11% dividend, last traded at par between Nov. 4 and Nov. 13.
Read full story
Latest Crypto News
STRC (TradingView)

Strategy’s STRC perpetual preferred stock returns to $100, may trigger more bitcoin buying

Trading monitor

Start-of-the-year recovery rally stalls: Crypto Daybook Americas

Photo by wu yi on Unsplash

Nike sells its NFT and virtual sneakers amid lack of digital art market interest: report

Waterslide on a field (extremis/Pixabay)

Crypto Markets Today: Bitcoin slides as Asia-led sell-off hits altcoins

Morgan Stanley (Shutterstock)

Morgan Stanley files for ether trust after bitcoin and solana ETF push

Chart of CME bitcoin futures prices showing the two gaps. (TradingView)

Bitcoin slides toward $91,000 with two CME pricing gaps coming into focus

Top Stories
Morgan Stanley (Shutterstock)

Morgan Stanley files for ether trust after bitcoin and solana ETF push

Waterslide on a field (extremis/Pixabay)

Crypto Markets Today: Bitcoin slides as Asia-led sell-off hits altcoins

Trading screen

XRP could outperform bitcoin as XRP/BTC chart shows rare Ichimoku breakout since 2018

(Nvidia CEO Jensen Huang speaks at

Bitcoin miners chase AI demand as Nvidia says Rubin is already in production

Trading monitor

Start-of-the-year recovery rally stalls: Crypto Daybook Americas

Blocks of silver (Scottsdale Mint)

Crypto traders can now take leveraged bets on silver via Binance Futures

!–>!–>!–>!–>!–>!–>!–>!–>!–>!–>!–>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking

Bitcoin Magazine Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking A Warren banking aide says the incoming Senate Banking chair will target prediction markets’ “Wild West-style lack of oversight,” after she and Sen. John Curtis pressed Kalshi and Polymarket on election trading…

Bitcoin Magazine

Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking
A Warren banking aide says the incoming Senate Banking chair will target prediction markets’ “Wild West-style lack of oversight,” after she and Sen. John Curtis pressed Kalshi and Polymarket on election trading…
Read More

Continue Reading
Crypto Currency

Bitcoin price prediction Today – Is Monday’s BTC Rebound a Dead-cat Bounce? 

The post Bitcoin price prediction Today – Is Monday’s BTC Rebound a Dead-cat Bounce?  appeared first on Coinpedia Fintech News Even though Bitcoin (BTC) briefly rebounded above $75,000 on Monday, November 11, 2026, the crypto Fear and Greed Index showed that traders are fearing a potential dead-cat bounce…

The post Bitcoin price prediction Today – Is Monday’s BTC Rebound a Dead-cat Bounce?  appeared first on Coinpedia Fintech News
Even though Bitcoin (BTC) briefly rebounded above $75,000 on Monday, November 11, 2026, the crypto Fear and Greed Index showed that traders are fearing a potential dead-cat bounce…
Read More

Continue Reading
Crypto Currency

Bitcoin holds near $75,000 after tech stock rout, altcoins suffer steeper losses

A record hack, a blue wave and a tech stock rout have given Bitcoin investors plenty to worry about. Yet the leading cryptocurrency has fallen only about 1% in the past 24 hours and now trades near $75,000. “It could have gotten hit a lot harder,” said John LaForge, chief alternatives strategist at Ned Davis

A record hack, a blue wave and a tech stock rout have given Bitcoin investors plenty to worry about. Yet the leading cryptocurrency has fallen only about 1% in the past 24 hours and now trades near $75,000. “It could have gotten hit a lot harder,” said John LaForge, chief alternatives strategist at Ned Davis Research. “The fact that it’s still… holding the 75 to 80 [range], I consider it a mild positive.”

Bitcoin’s latest decline came after weekend revelations about Nvidia CEO Jensen Huang’s affair—and the company’s subsequent investigation into whether he was targeted by Chinese intelligence. The news followed two other setbacks for the industry: a Democratic takeover of Congress that dealt losses to crypto-backed candidates, and a hack that drained roughly $6.3 billion from Binance, the world’s largest centralized crypto exchange.

Broader macro pressures haven’t helped either. The tech-heavy Nasdaq dropped over 5% last week in response to fears of a broad selloff in AI stocks. Investors now await Tuesday’s inflation report, which economists expect to show a further rise in consumer prices. Traders also anticipate a Federal Reserve rate hike in December—another potential headwind for crypto markets.

The cryptocurrency has suffered much sharper selloffs in the past. In October 2025, President Donald Trump’s threat of steep new tariffs on Chinese imports triggered more than $19 billion in crypto liquidations within a day. In June, Bitcoin fell below $60,000 to its lowest level of 2026, amid persistently high interest rates and heavy outflows from Bitcoin exchange-traded funds.

Bitcoin’s resilience may say more about how far it has already fallen than about the latest bad news, according to Ish Asad, crypto research analyst at asset manager Bitwise. 

“I think a lot of the bad news was priced in already. It’s not to say that it’s not going to chop sideways for a little bit longer, but I think the bottom is clearly in,” he said, referring to Bitcoin’s  June low. 

Asad argued that an earlier exodus from crypto into AI investments had left fewer investors ready to sell Bitcoin, which helped cushion its response to the recent turmoil.

That hasn’t been the case for altcoins—the industry term for cryptocurrencies other than Bitcoin.

Ether, the second-largest cryptocurrency and the native token of the Ethereum blockchain, has fallen nearly 5% over the past day. XRP, the token associated with Ripple, has posted similar daily losses and is down nearly 12% over the past week. Other major cryptocurrencies have also declined.

LaForge sees the gap as a familiar pattern: “Eventually when prices come down across the board, Bi

Read More

Continue Reading
Crypto Currency

North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot

Bitcoin Magazine North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot Elliptic says North Korean launderers created six throwaway meme tokens on NEAR between Nov. 5 and 7, moving about $430,000 of stolen Binance funds through homemade liquidity pools. This post North Korea Is Minting Its Own Meme Coins to Launder

Bitcoin Magazine

North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot
Elliptic says North Korean launderers created six throwaway meme tokens on NEAR between Nov. 5 and 7, moving about $430,000 of stolen Binance funds through homemade liquidity pools.
This post North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
Read More

Continue Reading