Bitcoin It rose to its highest level since mid-November, rising more than 3% to $94,400 in Monday’s trading session, its biggest percentage gain in more than a month.
However, the rally has brought the asset closer to $95,000, which some analysts believe is a key level to gain further momentum. . After breaking through key resistance overnight, XRP continued its gains during the U.S. session, rising 9% to just below $2.32, its highest level since mid-November.
Cryptocurrency-related stocks were sharply higher across the board, with many of them experiencing a sustained sell-off in late 2025.
Earlier in the day, Goldman Sachs upgraded Coinbase (COIN) to a buy rating, sending the index up nearly 9%, while Strategy (MSTR) and Robinhood (HOOD) gained 5% and 6%, respectively.
Among smaller companies, Bakkt (BKKT) is up 30% and Figure (FIGR) is up 20%. Bitcoin miner Hut 8 (HUT) rose 15% on Monday to nearly $60 a share as the company’s shift toward artificial intelligence infrastructure paves the way for major advancements in 2025. Long-term investors may target the stock’s all-time high of $76 in 2021 (split-adjusted).
Lukman Otunuga, senior market analyst at FXTM, said that Bitcoin, which fell more than 6% in 2025, may make a comeback in 2026. Falling interest rates and a shrinking supply of actively traded BTC could set the stage for a recovery after a challenging 2025, he said, citing long-term holders keeping Bitcoin away from exchanges as a factor that could tighten supply and support prices.
Still, he warned of some downsides. New U.S. tax reporting requirements could dampen retail participation, while regulatory decisions targeting crypto-intensive companies remain a risk. On the technical front, Otunuga said a sustained break above $100,000 could revive record ambitions, while a fall below that threshold could leave Bitcoin vulnerable to deeper losses, with support near $77,500 and $54,000.