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Bitcoin pushes above $90,000 as traders eye
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Bitcoin pushes above $90,000 as traders eye
Bitcoin pushes above $90,000 as traders eye change in pattern
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.
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
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The action has pushed bitcoin BTC$90,071.31 above $90,000, up 2.5% over the past 24 hours. Ether ETH$3,122.31, solana SOL$130.81 and XRP$1.9531 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
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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Commissioned byKuCoin
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
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Internet Computer climbs back to $3 as short-term momentum improves
ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction.
What to know:
- ICP rose about 2.7% to roughly $3.00, reclaiming a closely watched psychological level.
- Trading activity increased during the move higher, accompanying the push through resistance near $2.95–$3.00.
- Price has since stabilized just above $3, keeping attention on whether the level can hold as near-term support.
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