Bitcoin’s gradual surge persists as it exceeds $93,000 earlier today for the first occurrence since mid-December, currently resting around this milestone.

Several altcoins have also shown impressive daily gains, with Ethereum nearing $3,200, while XRP has surged past $2.10.

Bitcoin Looks to Reclaim $93K

After a harsh conclusion to 2025, during which its price plummeted from over $126,000 in early October to below $88,000 by the end of December, Bitcoin’s value has begun to revive from January 2. The asset swiftly moved past $88,000, and aimed at $90,000 on Friday, overcoming initial resistance especially after the US engaged in actions against Venezuela and detained its president.
On Saturday and Sunday, Bitcoin steadily climbed, hitting $91,500 previously. Monday morning saw another price rise, landing just below $93,500, marking the highest price since December 12. Although it faced a slight decline and now stands just under $93,000, it’s still up 1.6% for the day.

The total market cap has ballooned by $100 billion since January 1, crossing above $1.850 trillion. Its dominance in the market also bounced back above 57%, currently maintaining a 0.2% edge per CoinGecko.

BTCUSD Jan 5. Source: TradingView

Ethereum Targets $3.2K

Ethereum has gained over $200 in recent days and is presently close to $3,200, following another slight daily increase. XRP has reclaimed the $2.10 support level after a 2% rise. Comparatively, BNB has similar daily gains, trading above $900, while DOGE, ADA, TRX, and ZEC have shown minor declines, and CC has dropped over 5%.

Among larger-cap altcoins, HYPE stands out with a more than 4% surge to nearly $26.5. The asset PEPE has retraced a bit after its recent spike but remains in double digits weekly. RENDER has notably outperformed all top 100 altcoins, showing remarkable growth.

The total cryptocurrency market capitalization has reached nearly $3.250 trillion, marking an addition of $200 billion since January 1.