Bitcoin and Major Cryptocurrencies Surge at the Start of 2026
- Bitcoin is trading near $93,700, up about 1% in the last day and over 7% since January 1.
- Ethereum rose nearly 2% to $3,224, marking a total increase of approximately 9% since the start of the year.
- XRP led large-cap coins with a nearly 13% daily jump to $2.40 and a weekly gain of about 29%.
- U.S.-listed spot ETFs saw over $1 billion in net inflows during the first two trading days of the week.
- Traders are increasingly buying call options for Bitcoin at the $100,000 strike price, anticipating further price increases.
The current rally follows a period of tax-related selling that capped gains in late December, with analysts noting a shift as tax pressures have eased. The recent U.S. military actions and positive sentiment on Wall Street have contributed to this bullish trend.
As Bitcoin approaches key resistance levels with significant ETF inflows, its price surge to over $93K reflects growing institutional interest and market optimism. (Source)
