Bitcoin Surges Above $90,000 Amid Signs of Market Shift on Jan 2, 2026
Bitcoin rose above $90,000 during U.S. trading hours on January 2, 2026, indicating a potential change in market pattern as the new year begins. Over the past 24 hours, Bitcoin gained approximately 2.5%, trading near the $90,000 level.
Other major cryptocurrencies also advanced, with Ether trading around $3,104.61, Solana near $130.32, and XRP at about $1.9346.
In the broader market, the Nasdaq rose about 0.6% in early trading, driven by gains of 3% to 6% in AI-related chipmakers including Nvidia, Broadcom, Micron, and Intel.
Bitcoin-related equities saw notable increases as well, with MicroStrategy (MSTR) and Coinbase (COIN) rising over 3%, Galaxy Digital (GLXY) up 7%, and Circle Financial (CRCL) gaining 4.5%.
Firms involved in Bitcoin mining and AI infrastructure posted significant gains: Hut 8 (HUT), CleanSpark (CLSK), and TeraWulf (WULF) surged around 10%, while Cipher Mining (CIFR) and IREN (IREN) increased about 8%.
This upward movement contrasts with the late-2025 trend of selloffs during U.S. trading hours, suggesting a rising trend in the market's first session of 2026.
