Crypto Markets Add $200 Billion Since New Year’s Eve as BTC Taps $93K: Market Watch

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RENDER is today’s top performer, following an 18% surge.

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Summarize with AI

Summarize with AI

Bitcoin’s gradual price recovery continues as the asset exceeded $93,000 earlier today for the first time since mid-December and now sits around it.

Several altcoins have also doubled down in terms of daily gains, with ETH closing down on $3,200, while XRP has jumped past $2.10.

BTC Eyes to Reclaim $93K

Following the brutal ending of 2025, with a massive price slump from over $126,000 in early October to below $88,000 as of December 31, bitcoin’s price finally began to show revival signs as of January 2. The asset quickly jumped past $88,000 and aimed at $90,000 on Friday, where it saw some resistance at first but managed to reclaim that level even after the US attacked Venezuela and captured its president.

On Saturday and Sunday, BTC was slowly climbing and tapped $91,500 yesterday. Monday morning began with another price increase, this time to just under $93,500, which became its highest price tag since December 12. It was stopped there and now sits just inches below $93,000, but it’s still 1.6% up on the day.

Its market capitalization has risen by $100 billion since January 1 and now sits above $1.850 trillion. Its dominance over the alts has also rebounded following the drop below 57% and is now 0.2% above that line on CoinGecko.

BTCUSD Jan 5. Source: TradingView

ETH Aims at $3.2K

Ethereum has gained more than $200 in the past several days and now sits close to $3,200 after another minor daily increase. XRP has reclaimed the $2.10 support following a 2% surge. BNB’s daily gains are similar, and the asset now trades above $900. In contrast, DOGE, ADA, TRX, and ZEC are slightly in the red, while CC has plunged by over 5%.

HYPE is the top performer from the larger-cap alts, having jumped by over 4% to nearly $26.5. PEPE has retraced slightly after its recent rally, but it’s still up by double digits on a weekly scale. RENDER has skyrocketed the most from the top 100 alts.

The total crypto market cap has soared to almost $3.250 trillion on CG, which means that it has added $200 billion since January 1.

Cryptocurrency Market Overview Daily Jan 5. Source QuantifyCrypto

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Source: https://cryptopotato.com/crypto-markets-add-200-billion-since-new-years-eve-as-btc-taps-93k-market-watch/