Bitcoin Surges Past 91,000 on Venezuela Tensions
Bitcoin surged past 91,000 in early January 2026 trading sessions, marking its highest level since mid-December and extending a five-day upward streak amid heightened geopolitical tensions from a U.S. military intervention in Venezuela. The cryptocurrency, trading around 91,300 to 92,500 by Monday, climbed more than 3 percent in a single day, with overall market capitalization rising 1 percent to 3.2 trillion dollars.
The rally extended to other major digital assets, including Ethereum, Solana, XRP, BNB, and Dogecoin, which posted gains between 0.7 percent and 9 percent over the past 24 hours. XRP led altcoin advances, rising nearly 9 percent to just under 2.32 dollars, its strongest showing since mid-November. Trading volume for Bitcoin exceeded 37 billion dollars, reflecting increased buyer activity as the asset broke key resistance levels around 91,000.
Crypto-related stocks mirrored the momentum, with Coinbase shares up nearly 9 percent following a buy rating upgrade from analysts. MicroStrategy and Robinhood climbed 5 percent and 6 percent, respectively, while smaller firms like Bakkt surged 30 percent and Hut 8 advanced 15 percent, approaching 60 dollars per share. Broader...