Major public US cryptocurrency companies reported substantial rises in their stocks on Monday as the crypto market began to revitalize, with Bitcoin and Ether reaching three-week peaks.

Bakkt (BKKT) excelled with an impressive gain of almost 31.5%, later extending its rise to approximately 5% at $15.52. The treasury firm for Bitcoin, Kindly MD (NAKA), also reported being one of the top five gainers, achieving an over 24% increase by the end of the day.

Additionally, cryptocurrency mining firms saw their shares climb, notably American Bitcoin (ABTC), which rose 13.5% to surpass $2 for the first time in nearly a month.

American Bitcoin The Trump-led American Bitcoin was the best-performing US crypto miner on Monday. Source: Google Finance

Companies like Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR) showcased gains ranging from 12% to 13.5% for the day, as each firm pivoted their operations to support artificial intelligence, aiming to meet the rising demand for high-performance computing necessary for AI endeavors.

Cryptocurrency exchanges, including Coinbase (COIN), Gemini (GEMI), and Robinhood (HOOD), also experienced gains between 7% to 7.5% on Monday, amid a rejuvenated crypto market after a period of reduced activity.

Crypto Market Recovers to Multi-Week Highs

Within just 24 hours, the overall market capitalization of cryptocurrencies elevated by 1.3% to approximately $3.3 trillion, adding to a previously recorded value of just over $3 trillion at the beginning of 2026. Bitcoin saw a daily increase of 1.2%, settling at $93,800 after briefly reaching a peak exceeding $94,600, marking its highest valuation since early December. Since January 1, it has increased by over 7% as market sentiment improved consistently.

Ether hit a daily high of surpassing $3,200, the highest figure seen in over three weeks, while XRP surged nearly 12% to $2.39, attaining its highest price since mid-November.

XRP Achievement XRP has gained over 26% in the past week, skyrocketing to a seven-week high. Source: CoinGecko

Analysts from Glassnode, a crypto data platform, noted on Monday that current trends in the spot cryptocurrency markets demonstrate a considerable decline in seller pressure, while trading volumes have modestly expanded, indicating enhanced liquidity with no signs of speculative overreach. They mentioned that Bitcoin is transitioning from its corrective phase into a delicate period of consolidation, warning that weak demand on-chain renders the market susceptible to volatility and the risk of profit-taking as it strives to regain its footing.