Bitcoin rose to its highest level since mid-November and rose more than 3% to $94,400 during Monday’s trading session, the biggest percentage gain in more than a month.
However, the rally, which took the asset closer to $95,000 – seen by some analysts as a key level to gain further momentum – was led by . After breaking key resistance overnight, XRP added to its movement during the US trading day, rising 9% to just $2.32, also the strongest since mid-November.
Crypto-related stocks — many of which saw persistent selling late into 2025 — were markedly higher across the board.
Coinbase ( COIN ), which received an upgrade to buy from Goldman Sachs earlier in the day, rose nearly 9%, while Strategi ( MSTR ) and Robinhood ( HOOD ) gained 5% and 6%, respectively.
Among some smaller names, Bakkt (BKKT) soared 30% higher, while Figur (FIGR) added 20%. Bitcoin miner Hut 8 (HUT), whose pivot to AI infrastructure paved the way for a significant advance in 2025, surged 15% on Monday to reach nearly $60 per share. stock. Long-term investors may be eyeing the stock’s (split-adjusted) 2021 record high of $76.
US stocks are also higher on Monday, led by the Dow’s 1.4% gain. The Nasdaq and S&P 500 rose by a more modest 0.7 per cent. Precious metals remain volatile with a notable upward trend. Silver is ahead 7% and gold 3%.
Not out of the woods
Bitcoin, which fell more than 6% in 2025, may be poised for a comeback in 2026, according to Lukman Otunuga, senior market analyst at FXTM. After a challenging 2025, falling interest rates and a thinner supply of actively traded BTC could create conditions for a rebound, he said, pointing to long-term holders holding coins from exchanges as a factor that could tighten supply and support prices.
Still, he warns of more headwinds. New US tax reporting requirements could dampen retail participation, and regulatory decisions targeting crypto-heavy companies remain a risk. On the technical side, Otunuga says a sustained move above $100,000 could revive record high ambitions, while a drop below that threshold could leave bitcoin vulnerable to deeper declines, with support levels near $77,500 and $54,000.
