XRP Leads Crypto Rally as Bitcoin Nears $95K, Crypto Stocks Soar

Crypto markets surged Monday, with XRP taking the spotlight as Bitcoin climbed to a six-week high. Bitcoin (BTC) rose more than 3% to $94,400, marking its largest daily percentage gain in over a month and approaching the key $95,000 level analysts see as critical for further momentum.

XRP (XRP) outperformed, rising 9% to just under $2.32 after breaking major resistance overnight, reaching its strongest level since mid-November.

Crypto Stocks Post Strong Gains

The rally extended to crypto-related equities, which rebounded sharply after a tough 2025. Coinbase (COIN), following a “buy” upgrade from Goldman Sachs, climbed nearly 9%, while MicroStrategy (MSTR) and Robinhood (HOOD) rose 5% and 6%, respectively.

Smaller names surged even more dramatically. Bakkt (BKKT) jumped 30%, Figure (FIGR) added 20%, and Bitcoin miner Hut 8 (HUT) — which shifted into AI infrastructure last year — rose 15% to nearly $60 per share. Long-term investors may now target the stock’s split-adjusted 2021 high of $76.

Wider Markets and Commodities

U.S. stocks also advanced, led by the Dow’s 1.4% gain. The Nasdaq and S&P 500 rose 0.7%. Precious metals showed volatility with upward momentum, as silver gained 7% and gold 3%.

Bitcoin Outlook for 2026

Despite a 6% drop in 2025, Bitcoin could be poised for a rebound, according to Lukman Otunuga, senior market analyst at FXTM. Falling interest rates and a shrinking supply of actively traded BTC — as long-term holders retain coins off exchanges — may support prices.

However, challenges remain. New U.S. tax reporting requirements could limit retail participation, while regulatory scrutiny of crypto-heavy firms remains a risk. Otunuga notes that a sustained move above $100,000 could reignite record-high ambitions, whereas a drop below that level could expose Bitcoin to further declines, with support near $77,500 and $54,000.