Bitcoin, XRP, and Crypto Stocks Surge as Market Eyes 2026 Recovery - News - MyToken:Your Insight into the Web3 World

Bitcoin, XRP, and Crypto Stocks Surge as Market Eyes 2026 Recovery

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Bitcoin, XRP, and Crypto Stocks Surge as Market Eyes 2026 Recovery. Source: EconoTimes

Bitcoin price surged to its highest level since mid-November, climbing more than 3% to around $94,400 during Monday’s trading session, marking its strongest daily percentage gain in over a month. The rally pushed BTC closer to the psychologically important $95,000 level, which many analysts view as a key resistance zone that could unlock further upside momentum if decisively broken.

While Bitcoin led headlines, XRP outperformed the broader crypto market. After breaking through a major resistance level overnight, XRP extended its gains during U.S. trading hours, jumping roughly 9% to near $2.32. This move represents XRP’s strongest price level since mid-November and underscores renewed investor interest in large-cap altcoins amid improving market sentiment.

The crypto rally also lifted crypto-related stocks, many of which experienced sustained selling pressure toward the end of 2025. Coinbase shares surged nearly 9% following an upgrade to “buy” from Goldman Sachs. Strategy (formerly MicroStrategy) rose about 5%, while Robinhood gained approximately 6%, reflecting renewed optimism across the digital asset ecosystem. Smaller-cap crypto stocks saw even sharper moves, with Bakkt soaring 30% and Figure adding roughly 20%. Bitcoin miner Hut 8 climbed around 15%, approaching $60 per share as its transition toward AI-focused infrastructure continues to attract investor attention.

Traditional financial markets echoed the positive tone, with U.S. equities trading higher. The Dow Jones Industrial Average rose about 1.4%, while the Nasdaq and S&P 500 posted gains near 0.7%. Precious metals also strengthened, as silver advanced roughly 7% and gold climbed about 3%, highlighting broader demand for alternative assets.

Despite the renewed momentum, analysts caution that Bitcoin is not entirely out of danger. After declining more than 6% in 2025, BTC could find support in 2026 as interest rates fall and exchange supply tightens due to long-term holders keeping coins off platforms. However, potential headwinds remain, including new U.S. tax reporting requirements and regulatory scrutiny of crypto-focused firms. Technically, a sustained move above $100,000 could reignite all-time high ambitions, while failure to hold key levels may expose Bitcoin to downside risks near $77,500 or even $54,000.

Disclaimer

The content provided on this page is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry inherent risks. Please conduct your own research before making any investment decisions.

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