Bitcoin Nears $95,000 as XRP Surges 9%: The 2026 Crypto Rally Begins
Bitcoin approaches the $95,000 mark as XRP leads a market-wide rally with a 9% gain on Jan 5, 2026. Crypto stocks like Coinbase and Bakkt also see double-digit gains.
The $95,000 milestone is within reach. Bitcoin just hit a six-week high, signaling a potent start to 2026 after a rocky previous year. Leading the charge isn't the king of crypto itself, but XRP, which exploded with a 9% gain after smashing through critical resistance levels.
XRP Leads Market Surge as Bitcoin Eyes Psychological Resistance
On Monday, January 5, Bitcoin climbed more than 3% to $94,400, its strongest performance since mid-November. According to CoinDesk, XRP stole the spotlight by rallying to $2.32 on heavy trading volume. Analysts believe a sustained move above $95,000 for Bitcoin could be the catalyst needed to revive record-high ambitions.
Equities Catch the Fever: Coinbase and Bitcoin Miners Jump
Crypto-related stocks are riding the wave after a brutal sell-off in late 2025. Coinbase (COIN) jumped nearly 9% following an upgrade to 'Buy' from Goldman Sachs. Meanwhile, the broader market showed signs of recovery as MicroStrategy (MSTR) and Robinhood (HOOD) posted gains of 5% and 6% respectively.
| Company | Gain % | Market Driver |
|---|---|---|
| Bakkt (BKKT) | 30% | Retail Momentum |
| Hut 8 (HUT) | 15% | AI Infrastructure Pivot |
| Figure (FIGR) | 20% | Institutional Interest |
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