The new year is off to a roaring start. are leading the charge as markets shake off December blues. Bitcoin sits near $93,700, up 1% in the last 24 hours and over 7% since January 1. This surge marks a fresh bullish vibe for crypto and traditional finance alike.
Ethereum is not far behind, rising almost 2% to $3,224. It has gained about 9% year-to-date. Altcoins are stealing the show with bigger jumps. XRP soared 13% in one day to $2.40 and nearly 29% over the week. Solana climbed 12%, while Dogecoin rocketed 23% in seven days.
Why the sudden boom? Late December saw weak prices due to tax-loss selling. US investors sold crypto at losses to cut taxes on other gains. This “tax harvesting” ended with the new year, freeing markets to rally hard.
Institutional money is pouring back in. BlackRock’s spot Bitcoin ETF saw its biggest inflow in three months: $287 million in one day. All 11 US spot BTC ETFs added over $1 billion in the first two trading days, per data trackers.
This reverses two months of outflows worth billions. Big players like BlackRock signal confidence. Options markets agree. Traders on Deribit are snapping up call options for Bitcoin and Ethereum at $100,000 strikes for January and February. Bets between $98,000 and $100,000 show bulls eyeing six figures soon.
Stocks are on fire too. The Dow Jones hit a record close Monday, up nearly 600 points or 1.2%. S&P 500 gained 0.6%, Nasdaq Composite added 0.7%.
Tech giants led the way. Tesla and Amazon powered Nasdaq higher on fresh AI hype. Investors see new US policies as boosts for tech growth.
Energy stocks crushed it. The Trump team talked with US oil firms about Venezuela’s oil fields. Chevron, the main US player there, jumped 5.1%. Exxon Mobil rose 2.2%, Halliburton surged 7.8%.
Futures look good too. S&P 500 futures up 0.1%, Nasdaq 100 futures +0.3% late Monday. This energy buzz ties into broader bullishness, possibly lifting crypto sentiment.
| Index | Gain |
|---|---|
| Dow Jones | +1.2% (record high) |
| S&P 500 | +0.6% |
| Nasdaq | +0.7% |
Not all smooth. Liquidity is thin – spot volumes at multi-year lows. CEO Vikram Subburaj of Giottus exchange warns order books are shallow. Big trades can swing prices wildly, raising odds of sharp drops.
Gold futures had their best day since October as some hunt safe havens. This hints at caution amid the hype.
Bitcoin often mirrors tech stocks. Wall Street’s joy, plus Venezuela oil talks, feeds risk-on mood. Lower energy costs could boost economies, helping crypto adoption.
Options data and ETF flows point to more upside. But watch liquidity – it could amplify moves both ways.
Early 2026 looks strong. Crypto rebounds post-tax selloff, stocks hit highs, institutions buy in. Energy policy wins add fuel. Yet thin markets mean volatility lurks.
Stay tuned for daily updates. starting the year hot sets a positive tone. Will it last? Track key levels: BTC $100k calls, Dow records, ETF flows.
For more on Bitcoin price today, crypto market trends 2026, and stock insights, bookmark us.
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